Month: March 2019
#158 | Life Insurance in the Los Angeles Times
When the life insurance industry gets press, which is quite rare, it’s usually bad press. In this case, the bad press was more than justified. Take a look: https://www.latimes.com/business/hiltzik/la-fi-hiltzik-register-insurance-20190219-story.html. Obviously, there are many factors at play in the case of…
#157 | John Hancock’s Enhanced Indexed Accounts
With Lincoln and Pacific Life brandishing their latest and deadliest weapons for the Indexed UL illustration war, it should come as no surprise that John Hancock felt a little bit underpowered. Its current Accumulation IUL 18 chassis, which sports a…
#156 | PacLife PDX 2 & PIA 6 – Part 3
The way that I usually get comfortable with new and complex products is by following a three-step process. First, understanding the simple idea that underpins the product. Second, replicating the mechanics in an independent model so that I can see…
#155 | PacLife PDX 2 & PIA 6 – Part 2
The paradox of PDX is that it simultaneously rained sales and heaped scorn on Pacific Life. The sales came because the product illustrated so well. The scorn came because Pacific Life didn’t disclose the mechanics of the Performance Factor and…
#154 | PacLife PIA 6 & PDX 2 – Part 1
This post is a prelude to the full review and covers what led up to PDX 2 and PIA 6. If you feel very familiar with PDX and the MX and QX Factors, then feel free to skip to the…
#153 | Lincoln WealthAccumulate IUL 2019 – Part 5
More than any other product currently on the market, Lincoln WealthAccumulate IUL 2019 is a creature of the times. Indexed UL is engulfed in an illustration war and has been since at least 2006, when AIG rolled out Elite Global…
