New York has always been well-known in the industry as a state with unique characteristics. While each state has its own set of regulations, New York stands out with heavily consumer-focused rules....
A man walks into…a producer's office with a bag of extra cash to put towards his future financial needs. The producer suggests putting the money into a life insurance policy so that he can provide financial security to his loved ones upon death, while also...
What do you do with that dusty old savings account, you know, the one that you've been paying on for who knows how long? It's just sitting there, raking in generally sub-par interest and not really doing anyone a bit of good....
Many producers have considered guaranteed universal life (GUL) as the go-to strategy for a simple, straight-forward sale, and for good reason. These products provide the rock-steady assurance of a long-term guarantee and premiums which have essentially remained competitive, despite significant pressure from a consistently lower...
The initial wave of excitement of Indexed Universal Life (IUL) has crested and crashed into a decry of illustration wars! Actuarial Guideline 49 (AG49) was supposed to be the stabilizer, to calm the turbulent water. But in the years following the regulation, creativity started to...