Disclaimer
Last updated: April 10, 2026
Important — Please Read Before Using This Site
The information, tools, analyses, and content provided on 1035Advisor are for general educational and informational purposes only. Nothing on this Site constitutes legal advice, tax advice, investment advice, or a recommendation to purchase, surrender, or exchange any specific insurance policy. All analyses are illustrative and based on information you provide. Past performance of any insurance product is not indicative of future results.
Insurance Licensing
1035Advisor is a licensed insurance agency. Our producers hold active insurance licenses in the states in which they operate. Insurance products and services are only offered in states where our producers are licensed. Availability of products and features varies by state and carrier.
License numbers are available upon request. Contact us at [email protected] to verify licensure in your state before engaging in any insurance transaction.
Not a Registered Investment Advisor
1035Advisor is not a registered investment advisor under the Investment Advisers Act of 1940 or any applicable state securities law. We do not provide securities advice, portfolio management, or recommendations regarding securities products. If you hold variable life insurance or variable universal life insurance (VUL), which are classified as securities, you should consult with a FINRA-registered broker-dealer or SEC-registered investment advisor.
Not Tax or Legal Advice
The tax treatment of a 1035 exchange depends on your individual circumstances, including the cost basis of your existing policy, any outstanding policy loans, and applicable federal and state tax law. The information on this Site regarding tax treatment is general in nature and may not apply to your specific situation.
You should consult a qualified tax professional (CPA or tax attorney) before executing any 1035 exchange or policy surrender. Improper execution of a 1035 exchange — such as receiving a check rather than completing a direct carrier-to-carrier transfer — may result in full taxation of any gain in the policy, plus potential penalties.
Policy Illustrations Are Not Guarantees
Life insurance policy illustrations, including those generated or analyzed on this Site, are not guarantees of future performance. Illustrated values for non-guaranteed elements (such as credited interest rates on universal life policies, dividend projections on whole life policies, or index-linked returns on IUL policies) are hypothetical and subject to change. Actual policy performance may be significantly higher or lower than illustrated.
Guaranteed Universal Life (GUL) policies provide a guaranteed death benefit only if all required premiums are paid on time. A missed or late premium payment may cause the guarantee to lapse. Review all policy terms carefully with a licensed agent before purchasing.
Compensation Disclosure
1035Advisor and its licensed producers may receive compensation in the form of commissions, overrides, or bonuses from insurance carriers when a life insurance policy is placed as a result of our services. This compensation is paid by the carrier and is typically built into the product's pricing structure. We are required by applicable state insurance law to disclose this compensation arrangement to clients upon request and, in certain states, proactively.
Our goal is to recommend the most suitable product for your situation. However, you should be aware of this compensation structure when evaluating our recommendations.
NAIC Replacement Regulation Notice
A life insurance policy replacement — including a 1035 exchange — is subject to the NAIC Life Insurance and Annuities Replacement Model Regulation (#613) as adopted by your state. Under this regulation, your licensed agent is required to:
- Provide you with a written comparison of your existing policy and the proposed replacement policy.
- Leave you with a copy of all sales materials used in the presentation.
- Notify your existing carrier of the proposed replacement.
- Provide you with a free-look period (typically 10–30 days) to review the new policy.
These protections are in addition to any rights you have under your existing policy and applicable state law.
Suitability
A 1035 exchange is not suitable for everyone. Factors that may make an exchange unsuitable include, but are not limited to: outstanding policy loans (which may create a taxable event), poor health that would result in higher premiums or uninsurability on a new policy, surrender charges on the existing policy that would significantly reduce the exchanged value, and situations where the existing policy's guaranteed values exceed what is available in the replacement market.
Our licensed agents are required to conduct a suitability analysis before recommending any policy replacement. The analysis tools on this Site are designed to assist in that process but are not a substitute for a complete suitability review conducted by a licensed professional.
No Guarantee of Results
Use of this Site and its tools does not guarantee that a 1035 exchange will be approved, that any particular carrier will offer coverage, or that any particular outcome will result. Insurance applications are subject to underwriting approval. Premiums and benefits are subject to the terms of the issued policy.
E&O Insurance
1035Advisor and its licensed producers maintain Errors & Omissions (E&O) insurance coverage as required by applicable state insurance regulations. E&O coverage provides protection for claims arising from professional errors or omissions in the performance of insurance services.