Indexed Universal Life ('IUL') has commanded a substantial share of life insurance sales since it was first introduced nearly 25 years ago. Even today, despite rising interest rates, IUL remains popular. It was one of the only products whose sales grew in 2022. Today's IUL products bear only passing resemblance to those offered when the product was first introduced, with updates to product design driven by regulatory and economic changes.
Focus on major hot topics in IUL, including:
- AG 49-A - recent revisions and their implications
- Pricing and product design - new product features and trends in design popularity
- Registered Indexed Universal Life ('RIUL') - what it is and what makes it attractive to consumers?
In-force rate setting - how do you manage non-guaranteed elements in light of changing economic conditions? At the conclusion of the session, you will understand all of the major trends in IUL and RIUL. Comprehend what is currently being offered for new business, and whether those offerings are driven by consumer popularity or regulation changes. Once sold, you will understand the key considerations for in-force management.