IUL illustrations: That was then; this is now
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IUL illustrations: That was then; this is now

Byindexeduniversallife

By RIchard Weber My July 2013 feature article for InsuranceNewsNet Magazine, “Illustrated Promises; Unmet Expectations,” addressed a problem in which insurance regulations that were approved in the mid-1990s were resulting in illustration outcomes that were unlikely to occur and likely to cause disappointment. Further, policy illustrations continued to be used to project future values, a purpose regulators and the…

The real cost of volatility-controlled indices in IUL policies
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The real cost of volatility-controlled indices in IUL policies

Byindexeduniversallife

By Nick Pratt Over the past 25 years, indexed universal life policies have become arguably the most complex life insurance products on the market — both for better and for worse.  One feature of today’s IULs is the volatility-controlled index. These index strategies are referred to by several different names in our industry: VCIs, proprietary indices…