jdumond
Expert
- 44
I cant even get on board with guaranteed multipliers. The way IUL's are headed is making whole life more and more attractive.
Let's not get too crazy here.....
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I cant even get on board with guaranteed multipliers. The way IUL's are headed is making whole life more and more attractive.
I agree. I'd much rather have something simple like a 1% floor than a bunch of gimmicky "what if's"I agree about the multipliers. Just more confusion and moving parts for the client. IUL is complicated enough.
Multipliers sound great on the surface... but puts the risk on the client instead of the carrier.
Carriers feel they have to compete against "product innovations" by other carriers. But they would do well to take a hard look at the quality of business they are writing and quality of the policy design all these new agents are selling...
SLOWLY warming up to the idea of using IUL for retirement income as opposed to a Deferred Income Annuity, am still educating myself ..