Any Mutuals that Have Indexed Life Products?

I don't know of any, I know mutuals are on the slow side when it comes to adaptation, and just wondering if there's any mutuals that do have indexed life products out there. If there is, do they have dividends on top of the indexed returns?
Just a curious question.
 
I don't know of any IUL products from any carrier that also offers dividends.

I could be wrong, but you either:
1) (WL) Get the dividend performance based on the carrier's mortality claims, sales performance, and investment performance on the general account
or
2) (IUL) You get the credited interest based on the movement in the given index segment and crediting method.

Unless someone comes up with an Indexed Whole Life, I don't anticipate a combination of the two in the same product.
 
Super busy so if something doesn't make sense sorry:

Companies:

Penn, Minnesota, PacLife, Lafayette Life, and Ameritas

That I can think of off the top of my head.

Additionally, Guardian has a VUL with an index option.

No dividends paid, though some are/were participating products so could (in theory) earn dividends. This is very much the exception and likely to disappear.

COI and Admin expenses vary among the crowd. They do a much better job than some carriers and not quite as great a job compared to some others.
 
IULs are created by insurance companies buying options on the stock market, which are short term levered derivatives.

Its basically the opposite of what a mutual wants to own, and I don't blame them for it.
 
How are bonds any better than call options?
If anything options are cheaper than bonds...

Bonds are a guaranteed long term stable investment. Options are not. However the majority of IUL premiums go to bonds, not the options.

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IULs are created by insurance companies buying options on the stock market, which are short term levered derivatives.

Its basically the opposite of what a mutual wants to own, and I don't blame them for it.


Actually the majority of premium dollars go to Bonds, not the Calls.

And the risk of the Call Options is on the client, not the Insurance Carrier. The result of the Options has no bearing on the profit/loss of the Carrier.


Most Mutuals are now considering indexed products. Even if they still preach against them. NYL, Mass, ON, all have had internal discussions/development about IUL.


When I was at NYL, it is amazing the lies I was told about indexed products. I mean outright lies.....
 
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