Month: November 2022
#342 | AG 49-B & The Next Phase of IUL
Quick Take AG 49-B is likely to be adopted in the next couple of weeks and implemented in March of 2023. The immediate effect will be dramatic - some accounts will see reductions in illustrated income as large as 50%.…
#341 | Prudential FlexGuard IVUL
Quick Take Prudential FlexGuard IVUL is the second (after Equitable MSO, which has been in market largely unchanged since 2010) of what will inevitably become a new category in the life insurance market, Variable UL products with subaccounts that offer…
#340 | The Infinite Banking Concept
Quick Take The Infinite Banking Concept (IBC) has attracted something of a cult following for its quasi-libertarian branding and purported financial benefits. The core idea behind IBC is sound - using policy loans from a Whole Life policy is a…
#339 | The New Breed of Protection-Oriented IUL
Quick Take Historically, there was a clear distinction between protection-oriented and accumulation-oriented Universal Life products. The latter tended to have higher liquidity but also higher long-term policy charges, particularly COIs, whereas the former tended to have lower liquidity but also…
