MoO IUL.........

Feb 22, 2016

  1. agentjhc
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    agentjhc Guru

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    I noticed MoO is rolling (or has) an IUL. Any info or thoughts as to how competitive it is (will be)?
     
    agentjhc, Feb 22, 2016
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  2. DHK
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    DHK "YOU CAN'T HANDLE THE TRUTH!"

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    DHK, Feb 22, 2016
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  3. agentinsouth
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    agentinsouth Guru

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    I was on the call... Still waiting in details, but it looks good. They discussed an 11% cap, but not firm. Rollout is in 3/1 & we will see.
     
  4. BYSFG
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    BYSFG Super Genius

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    11%, hope they have something else to help make it competitive.
    Working on getting appointed with MoO, look forward to seeing their IUL -if theyre rolling one out.
     
    BYSFG, Feb 24, 2016
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  5. agentinsouth
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    agentinsouth Guru

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    3/1 is the date we will be able to see it.
     
  6. scagnt83
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    scagnt83 Worldwide Expert of Everything

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    Id agree that at an 11% Cap it better have something special... like a 150% participation rate or something.... or a super low loan rate... if not then it is just another subpar IUL that is trying to hop on the bandwagon.

    MoO is likely developing this to cater to their captive agents and not to indy agents.
     
    scagnt83, Feb 24, 2016
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  7. agentinsouth
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    agentinsouth Guru

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    Does anyone know midland's cap? I filled out the paperwork on Friday.
     
  8. scagnt83
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    scagnt83 Worldwide Expert of Everything

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    Depends on the product. 13% or 12% last I checked.
     
    scagnt83, Feb 24, 2016
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  9. DHK
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    DHK "YOU CAN'T HANDLE THE TRUTH!"

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    Compared to their AccumUL... it's GREAT!

    Of course, I hope they have improved their illustration system to really help showcase the product. The old Winflex system just won't cut it for IUL or any cash-flow intensive illustration.
     
    DHK, Feb 24, 2016
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  10. wln417
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    wln417 Guru

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    XLCV4 S&P 500 Annual Pt to Pt reducing to 14% on Feb. 29
     
    wln417, Feb 24, 2016
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