what is a 770 account?

By silverfox77, September 16, 2013

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Travis;
This is being touted as a teaser for subscibing to The Palm Beach Letter. Have you researched this before or do you have any info on this item? Thanks . Carl Wright

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7 Comments on " what is a 770 account?"

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Travis Johnson, Stock Gumshoe
Admin

Hi Carl, yes, we had a pretty thorough discussion of that a few months ago here, folks are still adding on to the discussion thread:

http://stockgumshoe.com/reviews/palm-beach-letter/secret-770-account-or-the-presidents-account-explained/

Edgar
Guest
I already answered that question on the other discussion, but just to summarize: This “770 account” is not more than Permanent Life Insurance with a twist – maximizing your Life Benefit and not your Death Benefit. There are many factors that need to be in place before the life insurance policy can turn into a “770 account.” It needs to be from a Mutual Insurance company, it needs a paid up additions rider, you will need to be on the MEC line of the policy (I will explain later), and it works better with non-direct recognition, etc. When structured correctly,… Read more »
Kenneth Lombardo
Guest
Kenneth Lombardo

Please supply contact info for the Insurance Companies? Thanks you.

Faye
Guest
Faye

I just started looking at this today, so any information would be helpful

Crys
Guest
Crys

very helpful, thanks!!

RC Hanna
Guest
RC Hanna

Can you please forward names of companies or persons that can actually
help me in getting my own 770 account. Thanks.
R.C.H.
MDPS EMPLOYEE

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