InsuranceDan
New Member
On Compulife, you will see that usually Aviva comes up the best on rates for no-lapse UL's. However, they are so large and that type of leverage is sometimes scary for cash value-based UL's. Take a look at AIG's internal costs and you will see they (the government) needed to hit higher profit numbers for their shareholders, so now the policies will perform lower than expected.
Here is what criteria runs through my mind when suggesting a UL. If it's a guaranteed death benefit UL, then lowest price/value wins.
If it is a cash value policy, we should all take a look at our conscious if we recommend a public company after seeing that same company being whipped around in the market and losing most of it's market cap. I see the hands down winner for cash value policies is a strong private company if you actually want to sustain internal costs for duration illustrated. I really like Midland National for stability in cash values. Midland's investment portfolio survived the economic downturn better than any other major insurance carrier. I also want to like Ohio National, but every week they come out with a new email with something they are cutting to keep their rating. I feel Ohio National is committed to policy holders though.
Here is what criteria runs through my mind when suggesting a UL. If it's a guaranteed death benefit UL, then lowest price/value wins.
If it is a cash value policy, we should all take a look at our conscious if we recommend a public company after seeing that same company being whipped around in the market and losing most of it's market cap. I see the hands down winner for cash value policies is a strong private company if you actually want to sustain internal costs for duration illustrated. I really like Midland National for stability in cash values. Midland's investment portfolio survived the economic downturn better than any other major insurance carrier. I also want to like Ohio National, but every week they come out with a new email with something they are cutting to keep their rating. I feel Ohio National is committed to policy holders though.