Some Life Insurance Sales Covered by DOL Rule

June 21, 2016 by John Hilton

Life insurance is the forgotten transaction in ongoing debate over the Department of Labor’s fiduciary rule.

The impact on variable and fixed indexed annuities is dominating news coverage. The stories usually note the impact on IRAs, 401(k)s, investment education, mutual funds and many other aspects of the industry.

But life insurance sales are affected as well. Some life insurance closely mimics market-tied annuities. For example, indexed and variable universal life are similar to FIAs and VAs.

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Originally Posted at InsuranceNewsNet on June 21, 2016 by John Hilton.