Bobby Samuelson

#393 | The Other IUL Market

Back in June of last year, I published #365 | The Other Whole Life Marketabout the stunning rise of Final Expense Whole Life, a non-participating policy sold with small face amounts and big commissions on a simplified underwriting platform to…

#392 | The Crown Jewel

2/13/24 Update - An astute reader shot me a note with a couple of additional comments with considering. First, he pointed out that many of the large independent BDs have insurance legacies. LPL was owned by Crown Life, Cetera was…

close up shot of a crown

#391 | The VUL Fund Divide

Over the past couple of weeks, both Penn Mutual and Prudential have released updated versions of their VUL policies. The changes to the policy charge structures themselves are minimal. Prudential increased both commissions and surrender charges on Custom Premier II.…

photo of pathway surrounded by fir trees

#390 | Pacific Life Turns the Tide

This week, Pacific Life announced that it’s going to do something that it hasn’t done since February of 2011 – a cap increase for its legacy Indexed UL suite that dates all the way back to 2005. The previous increase…

pink sand on beach

#389 | VUL & The Tax Cost Ratio

Full Article Life insurance is often – and often problematically – characterized as being “tax free.” That isn’t strictly true. The cash value itself is taxable upon sale. That’s consistent with other financial instruments. If you own a stock that…

gold coins on top of documents

#388 | 2023 in Review

Looking back over a year’s worth of articles is always fun and gratifying. There were 44 articles published on The Life Product Review last year, pretty close to the one-per-week standard that I try to maintain, and all of them…

person holding white and brown newspaper

#387 | Threading the Needle on 7702

This post was authored by Steve Cox at Life Innovators. In #357, “The Multi-Verse of 7702 Rates” (April 2023), we walked through the complicated steps required to sort out projected 7702 rates over the next couple of years. In the…

red thread in a needle

#386 | A Shift in Guaranteed VUL

What’s the difference between a Guaranteed UL and a Guaranteed VUL? In theory, the only difference should be that GUL credits a fixed rate to cash values and GVUL provides for the ability to invest cash values in mutual funds…

close up photo of stainless shift knob

#385 | Proof, Pudding

I’ve decided to make this article free for everyone, but you’ll note that it’s #385 – which means that there are 384 other articles on the site that are available only to subscribers. This one is par for the course…

berry dessert

#384 | Global Atlantic Axes In-Force Rates

Ask anyone who is fundamentally skeptical about Indexed UL why they feel that way and, invariably, they’ll bring up the issue of non-guaranteed elements. It’s a valid point. Indexed UL product performance ultimately hinges on non-guaranteed elements. But that’s also…

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