Continued Evolution Of VUL
July 6, 2023 by Charles Arnold
Variable life sales have declined at the start of 2023 to the tune of about 15 percent off the previous year. This can be expected as equity markets have turned volatile and a gradual increase in interest rates has made other products more appealing. Whole life, term, and IUL have seen marked increases, and the rush to sell IUL before the new actuarial guidelines were implemented in May was a big factor for IUL in the short term this year.
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Wink’s Note: Stay tuned. VULs coming to Wink, soon!
Originally Posted at Broker World Mag on July 2023 by Charles Arnold.
Categories: Industry Articles