IUL Rate Projections Drop Slightly In Illustrations

July 25, 2017 by Cyril Tuohy

Maximum illustrated rates allowed for the most popular investment choice with an indexed universal life (IUL) policy dropped last year following the implementation of new actuarial guidelines in 2015 and early 2016, a new survey by Milliman has found.

During the first nine months of last year post-guideline illustrated rates ranged from 5.02 percent to 7.75 percent, with an average of 6.69 percent and a median of 6.86 percent, the survey authored by actuaries Carl A. Friedrich and Susan J. Saip found.

Pre-guideline illustrated rates ranged from 5.60 percent to 8.50 percent, with an average rate of 7.38 percent and a median rate of 7.65 percent, the survey found.

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Originally Posted at InsuranceNewsNet on July 21, 2017 by Cyril Tuohy.