Wink, Inc.’s LifeSpecs Analysis Tool Unveils Variable UL Enhancement
January 31, 2024 by Wink's Press Release
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NEWS RELEASE
WINK INTRODUCES PRODUCT DATA ON ALL CASH VALUE LIFE INSURANCE PLANS
Wink, Inc.’s LifeSpecs Analysis Tool Unveils Variable UL Enhancement
Des Moines, Iowa. January 31, 2024- Staying true to their vital mission statement, “To provide the best darned competitive intelligence to the life insurance and annuity industries,” Wink, Inc., is excited to reveal recent enhancements to their industry-leading analysis tool for life insurance, the “one-stop life insurance shop,” LifeSpecs. Wink is the competitive intelligence firm behind the #1 source for annuity and life insurance product information, which has specialized in providing life insurance product data to the industry for 15 years, at www.WinkIntel.com.
Today, Wink’s LifeSpecs tool houses over 300 actively marketed insurance products from 65 different life insurance companies. The highly anticipated rollout of Wink’s Variable Universal Life (VUL) solution within LifeSpecs gives their clients access to accurate, timely, and compliant product information.
Sheryl J. Moore, chief executive of Wink, Inc. remarked, “Life insurance stakeholders now have the ability to locate product information within our system, regardless of the product type in question. The only product not represented in the system today is term.”
Wink’s LifeSpecs tool provides clients all of the benefits they’ve always had with other UL and whole life products, but offers the following with the new VUL solution:
– The ability for distributors to customize their product shelf for downline advisors/agents;
– Capacity for life insurance product manufacturers to use services for all of their product management needs, while restricting proprietary product variations for specific distributors’ use;
– FINRA-reviewed, archivable compliant reports;
– Specs, features, and rates on nearly 1,200 Variable, Structured, and Indexed UL as well as Indexed, Interest Sensitive, and Traditional Whole Life products;
– Specs on over 2,000 riders;
– The most advanced product search tool in the industry (50+ search options);
– Side-by-side comparisons for products and/or riders;
– The fastest, most dynamic rate finding tool in the industry (with advanced notification of upcoming changes);
– The ability to obtain on-demand research services with WinkAssistTM;
– The most accurate and timely resource for life insurance product information;
– Staffing with the most experienced life insurance product experts in the nation.
The product specifications are assembled by the Wink team’s product experts and written in laymen’s terms so that users are able to fully interpret each product and its features. LifeSpecs’ product specifications are reviewed by the respective underwriting insurance carrier for compliance, FINRA-reviewed, and the product rates/features are updated daily.
“Our clients wanted the ability to contrast every type of cash value life insurance on a single side-by-side comparison, but they didn’t want to blow their budget getting that capability. Now, Wink is the only research firm that can give them that capability- for all UL product lines” said Moore. “I am especially proud of the detailed rider descriptions on our tool. Nobody provides robust product information like Wink!”
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For more information, go to www.WinkIntel.com.
Wink, Inc. is the company behind the most comprehensive life insurance and annuity due-diligence tools, AnnuitySpecs and LifeSpecs at www.WinkIntel.com. Wink, Inc. is the distributor of the quarterly Wink’s Sales & Market Report. Serving as the insurance industry’s #1 resource of indexed insurance product sales since 1997, this report provides sales by product, company, crediting method, index, distribution, surrender charge period, and more. Wink’s Sales & Market Report covers sales of all deferred annuity products in addition to all cash value life insurance products; additional product lines are forthcoming. The research firm is also responsible for the insight behind Wink’s Index Intelligence Report, providing sales on indexed insurance products at an individual index level.
The staff of Wink, Inc. has the combined experience of more than 175 years working with insurance products, more than eight decades of which is specifically in competitive intelligence. Based in Des Moines, Iowa, the firm offers competitive intelligence and market research in the life insurance and annuity industries; serving financial services professionals, distributors, manufacturers, regulators, and consultants on both a domestic and global basis.
Sheryl J. Moore is president and CEO is the guiding force behind Wink, Inc. Ms. Moore previously worked as a market research analyst for top carriers in the life insurance and annuity industries. Her views on the direction of the market are frequently heard in seminars and quoted by industry trade journals.
January 31, 2024
Des Moines, IA
(855) ASK-WINK
