The NLPG, should you sell it???

James

Guru
1000 Post Club
I don't much sell NLPG, most of my usual companies I use, have the weaker SGUL. Yet this is the so called salvation of the Insurance Industry, yet I've been saying that we heard this before, have we not? The UL, while today a staple of the industry, it seems to cause one headache after the other. So here is an interesting article, Katt was the first on the scene that I recall sounding the warning bells. It appears his case brings out several flaw designs of the NLPG.

Good read none the less:

The Potential Problems with Lo-Lapse Premium Guarantees
 
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Personally, I would not sell NLPG or SGUL save with one exception (and only in some cases), to the elderly - that have under 20 years left on this earth (statistically speaking).

Interesting article James, not sure if you've read the one below, but it has some valuable insights on the SGUL side.

http://wholelifeinsurance.com/the other side of the story.pdf

Agent

Thank you for the link, I'm never disappointed by the writing and information passed by Guardian! I always find what they write worth reading!
 
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