Will AG 49-B be a May Day or meh day for IUL illustrations?

May 2, 2023 by Steven A. Morelli

May Day has special significance for indexed universal life illustration rates as a new guideline goes into effect, which is expected to reduce illustrated rate and perhaps suppress sales.

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Sheryl Moore, CEO of Wink Inc., said the lower illustrated rates are likely to suppress IUL sales up to 15%. IUL sales have been a bright spot in the industry, logging successive record years, even as many other life segments slump.

Originally Posted at InsuranceNewsNet on May 1, 2023 by Steven A. Morelli.