AG 49A Should Lead To Greater IUL Client Satisfaction
November 17, 2020 by Karl Kreunen
Indexed universal life insurance has become one of the most commonly sold products in our industry over the past 10 or 12 years.
There are many reasons for IUL’s popularity: the base product is flexible, it has many distribution options available, it can be built to focus on protection or on accumulation, and may have many riders that make it adaptable to different needs. And for many years, regulations did not directly address how the product could be illustrated, leaving the industry without firm guidelines regarding the projections being made.