Browse: Home / no lapse guarantee UL
By Ed Hinerman on May 4, 2013
Two and half years ago when indexed universal life seemed to be taking over the life insurance landscape I spent considerable time studying the products and then posted my thoughts in this forum. In particular I took great exception to the fact that agents were running a muck claiming that IUL was the answer to ...read more
Posted in assumptions, cash value, death benefit, guarantee, guaranteed level premium, illustration, indexed universal life, insurance, life insurance, long term guarantee, no lapse guarantee, universal life | Tagged 8% to 13%, a little fishy, assumptions, better off under her mattress, buyer beware, consistently large cash value accumulation, don't trust indexed universal life, dynamic and flexible, enamored with interest rates, favorable loan structure, indexed univeral life insurance, inusrance, IUL, Jason Konopik, level premium and death benefit, life insurance, no lapse guarantee UL, overpriced risky investment |
By Ed Hinerman on October 30, 2012
There’s still two more months to go and by any measure the life insurance industry has made strides in both underwriting and product design that speak well for the future, but especially should be an eye opener right now. I’ve tried to note each change or solidification of a change as it happens, but let’s ...read more
Posted in breast cancer, cancer, insurance, life insurance, mortality risk, no lapse guarantee, prostate cancer, rate increase, term insurance, universal life | Tagged AG38 reserves, best permanent product on the market, bipolar disorder, breast cancer, clinical underwriting, compliance and control, declines in the past, insurance, life insurance, life insurance underwriting, melanoma, no lapse guarantee UL, prostate cancer, rate increase, reasonal approvals, replace failing traditional UL, second to die life insurance, significant opportunity exists. small or large permanent policies, small window to apply, Type 1 diabetes, universal life
By Ed Hinerman on October 18, 2012
Everyone wants a deal. My wife never buys anything without throwing out the Dave Ramsey line, “Is that the best you can do?”, and I am amazed at how much and where she gets discounts. Too bad Dave has never asked his own life insurance agent that, but we’ll save Zander Insurance for another day. ...read more
Posted in AARP, Burial insurance, compliance, final expense life insurance, financial adviser, guarantee, guaranteed level premium, insurance, life insurance, universal life | Tagged AARP, actuarial guideline, additional reserves 1/1/13, AG38, big change coming, final expense insurance, final expense life isurance, Fire sale, insurance, life insurance, National Association of Insurance Commissioners, no impact on policies issued, no lapse guarantee UL, no lapse guarantee universal life, premium increases 1/1/2013, pull under priced products from converson, rates set by law, reduced reserves, reserves, secondary guarantee, underlying reserve approach
By Ed Hinerman on February 2, 2012
I’m on about my 15th drum now. I’ve beat so many of them to death about life insurance guarantees that I have a restraining order keeping me away from the local drum shop. Life insurance companies have been selling assumptions on whole life and universal life forever. What they say about assuming couldn’t hold more ...read more
Posted in conversion, insurance, life insurance, universal life, whole life | Tagged conversion, conversion to a permanent product, guarantees, indexed univeral life, insurance, life insurance, low interest rate environment, no lapse guarantee UL, no longer show assumed values, pay 1% on 1035 exchange, permanent defined, reasonable sustainable assumption, representing something that isn't guaranteed, selling assumptions, universal life, whole life
By Ed Hinerman on February 3, 2011
No, really!! That was the front page headline on and industry publication I get called Insurancenewsnet Magazine. Without even opening up the magazine I know where the rant is headed. Never in the history of estate planning has there been more opportunity to be as creative and accomplish as much. Articles are popping up left ...read more
Posted in estate taxes, insurance, life insurance | Tagged estate growth, estate planning, estate retention, estate tax, estate tax exemption, fully guaranteed, generation skipping tax, gift tax exemption, increasing rates, insurance, life isurance, no lapse guarantee UL, permanent life insurance, two year window, Wall Street Journal
By Ed Hinerman on December 28, 2009
Life insurance underwriting is kind of like sand dunes. You can take a picture at the beginning of a year and it can be absolutely clear where every grain of sand lies. The exact same picture taken at the end of the year could easily have been taken on another planet. One of the greatest ...read more
Posted in cholesterol, HDL, insurance, life insurance | Tagged AARP, bipolar disorder, cholesterol, Depression, federal estate taxes, HDL, independent agents, insurance, life insurance, life style, mood disorders, no lapse guarantee UL, Selectquote, state death taxes, term insurance, United of Omaha
