Monthly Archives September 2017

September is Life Insurance Awareness Month. Part 2 of our 2-part series.

IULs (Indexed Universal Life Policies) IUL policies provide permanent life insurance along with the potential to grow the value of the cash portion of the policy based on the performance of a designated index or indexes. An IUL policy is not actually invested in the stock market, but interest is credited to the policy based on its index’s performance as spelled out in policy contract provisions. As discussed in Part 1, Indexed Universal Life policies are not right for every client, but they can be good for some. IULs are sometimes called a “rich person’s Roth” by industry insiders since
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Categories: Blog Posts.

September is Life Insurance Awareness Month. Read Part 1 of our 2-part series.

Life Insurance Awareness Month: Part 1. It’s an exciting time to be in life insurance. (Yes, you read that right.) Although the old adage that life insurance is “sold not purchased” may still ring true, life insurance product innovations over the last 15 years have piqued the interest of consumers. Especially since insurance distribution channels 1 have moved beyond captive agents and now include stockbrokers and investment advisors in addition to independent insurance agents. The numbers prove the point. As of Q2 2017, sales were record-setting, particularly for indexed life. ‘Indexed life second quarter sales were $485.0 million; a figure
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Categories: Blog Posts.