Big shift from universal life to IUL underway, Milliman finds
Total individual universal life insurance sales decreased 31% between 2017 and late 2019 , while indexed universal life (IUL) sales increased 16% during the same time period, according to a new study by Milliman.
Aligning products with consumer needs behind recent Prudential Founders Plus, Advantage UL enhancements
With Americans underinsured by $15.3 trillion, according to a 2012 LIMRA report, aligning life insurance with varying needs and circumstances helps more people obtain...
Strong IUL sales behind modest individual life premium growth in 2Q, but total premiums...
While total life insurance new annualized premium was flat in the first half of the year, indexed universal life propelled U.S. individual life insurance new premium to grow 2% in 2Q, according to the latest LIMRA data.
Take a closer look at Premium Financed Life Insurance
This powerful policy-funding strategy for HNW clients is currently underutilized – which means there’s a big opportunity for advisors to step in and help.
Advisor Calls Out ‘Critical Flaws’ in Universal Life Policies
“Whistleblower” Elan Moas says 9 in 10 UL policies at risk of lapsing before paying a death benefit in new book.
Individual life premiums fall 2% in 1Q 2018 thanks to poor fixed UL sales
This marks the third consecutive quarter of declines in new annualized life insurance premium as a 19% drop in fixed universal life sales during the first three months of this year drag down sales totals.
Past year’s U.S. life insurance sales growth highest since 1983
Propelled by 26% fourth quarter premium growth, total life insurance new annualized premium grew 20% in 2021 according to just-released LIMRA data.
Coverage for life provided you don’t live past 100
A recent court case puts the spotlight on an issue of UL policies terminating at age 100.
Life premiums fall 2% in 3Q as whole life sales drop for first time...
After 13 quarters of consecutive growth, whole life insurance new annualized premium fell 4% in the third quarter of 2017, driving total new annualized premium down 2% for the quarter according to LIMRA data released Dec. 4.
Two top Universal Life producers, two unique market perspectives: Part I
Universal Life (UL) comes in a wide array of “flavors” these days, offering producers a lot of variety and their clients a lot of...