Lincoln IUL

Your referencing the ADE (Assured Distribution Endorsement) on the LifeReserve product. All that really does is drop the death benefit to the precise dollar amount and switching from an increasing db to a level db at the optimal time. You can do it on virtually any product by manual calculation.

Yes the wholesalers are instructed to promote benefits of the product and the LFG IUL product will illustrate very good on distributions. They may be 2nd, 3rd or 4th on cash value but when you go to actually pull money out will usually have very good distributions.

Allianz and Lincoln have what we call a Participating Loan which is different than a traditional fixed loan and a variable loan. What you need to understand is the underlying mechanics with these products and how the loan features impact true policy performance and not illustrated performance.

Run the annual calculation report on the product and compare the expense loads to other IUL's, its very expensive compared to its peers. The product is front end loaded with heavy expenses in the first seven years. Compare it to traditonal UL and the expense are even more apparent.

The only time the 2011 version is more competitive than the 2009 version is for low premium to endow sales. If your looking for cash accumulation use the 2009 product.






for you guys who sell IUL, have you seen a better contract than LFG? i know penn mutual is pretty good. anything else? LFG is tough to beat right now. i also heard they are considering adding the income rider to the IUL that is available on the reserve.
 
I recommend IUL for supplimental income planning. The players as of last week in max income generation were and in order of return:

Allianz
LSW
NACOLAH
LFG
PAC Life
 
Your referencing the ADE (Assured Distribution Endorsement) on the LifeReserve product. All that really does is drop the death benefit to the precise dollar amount and switching from an increasing db to a level db at the optimal time. You can do it on virtually any product by manual calculation.

Yes the wholesalers are instructed to promote benefits of the product and the LFG IUL product will illustrate very good on distributions. They may be 2nd, 3rd or 4th on cash value but when you go to actually pull money out will usually have very good distributions.

Allianz and Lincoln have what we call a Participating Loan which is different than a traditional fixed loan and a variable loan. What you need to understand is the underlying mechanics with these products and how the loan features impact true policy performance and not illustrated performance.

Run the annual calculation report on the product and compare the expense loads to other IUL's, its very expensive compared to its peers. The product is front end loaded with heavy expenses in the first seven years. Compare it to traditonal UL and the expense are even more apparent.

The only time the 2011 version is more competitive than the 2009 version is for low premium to endow sales. If your looking for cash accumulation use the 2009 product.


Very little of this is true.
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Your referencing the ADE (Assured Distribution Endorsement) on the LifeReserve product. All that really does is drop the death benefit to the precise dollar amount and switching from an increasing db to a level db at the optimal time. You can do it on virtually any product by manual calculation.


Not true. They contractually guarantee a set amount for life (or a specific period of time) based upon the CV.

Manual calculation does not contractually guarantee income for life.

And it sounds like you are intermingling the ADE and the Max CV opt.
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The product is front end loaded with heavy expenses in the first seven years. Compare it to traditonal UL and the expense are even more apparent.

The only time the 2011 version is more competitive than the 2009 version is for low premium to endow sales. If your looking for cash accumulation use the 2009 product.


You have this backwards.

2009 load was 10% years 1-7 & 5% thereafter.
2011 changed it to 5% years 1-15 and 3.5% thereafter.

The expense charge stayed the same.
 
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Actually it is... Yes they set a guarantee based on the cv and how they arrive at that level was described. Nothing is guaranteed until you actually invoke the feature which is based on the cash value. Therefore if you get more cash value you get more "guaranteed income". Name three scenarios the endorsement works, its hit or miss and isnt consistent.

Your mistaken, run both the 09 and 11 product... Why do you think they kept the 09 version out, because it generates more income. The new product will outperform it on low premium to endow sales, not income.

And you obviously havent examined the expense charges. Run the ACR and then come back and say its not heavily loaded relative to other IUL products...
 

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