Updated April 4, 2023, at 12:19 PM
Having been in the life insurance industry just over 16 years, I’ve seen my share of cases where simple arithmetic can either win or lose a case. Many times, it all comes down to math & financial sense. Recently I had a request for a $1,000,000, 20-year term life insurance policy on a 60-year-old male.
Going into effect late in 2015, Actuarial Guideline XLIX (AG49) was supposed to level the playing field for indexed universal life (IUL). This piece of regulation prohibited carriers from showing outrageously high …
What’s the difference between GUL and protection IUL for life insurance purposes? We break down the features of each to compare.