Health-based actuarial longevity: The starting point for retirement planning
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Health-based actuarial longevity: The starting point for retirement planning

By Ron Mastrogiovanni  For the 5% of those over age 60 without a chronic health condition, actuarial data show the odds of living to 95 are only 1 in 5. For the 30% of retirees with diabetes, the odds of reaching this age are less than 1%. Given the likelihood of reaching this milestone, we need…

Indexed Universal Life Insurance (IUL): How It Works

Indexed Universal Life Insurance (IUL): How It Works

Updated Feb 9, 2024 · 4 min read Written by Georgia Rose Fact Checked Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions…

IUL sales have fifth quarter of double-digit growth as individual life premium rises 4% in 3Q
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IUL sales have fifth quarter of double-digit growth as individual life premium rises 4% in 3Q

By Press Release WINDSOR, Conn. Dec. 12, 2023 – A strong economy and falling inflation sparked demand for life insurance in mid-2023, and that showed up in LIMRA’s third-quarter individual life premium surveys and estimates. Total individual life insurance new annualized premium increased 4% to $3.7 billion year-over-year, according to LIMRA’s U.S. Retail Individual Life Insurance Sales…