are you using an increasing DB to maximize your cash value in the early years of the policies? just curious!
Yes, with all of them I use increasing DB.
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are you using an increasing DB to maximize your cash value in the early years of the policies? just curious!
Surprising how many producers aren't aware that using the increasing DB option is better for younger policyholders who are max funding... but the sad part of this biz for me is that agents will often ignore that strategy because the lower DB=lower COI=lower target premum=lower commissions....
That is true only if using the GPT. If you are using the CVAT, your max premium is higher even with level DB than it is with an increasing DB using GPT.Surprising how many producers aren't aware that using the increasing DB option is better for younger policyholders who are max funding... but the sad part of this biz for me is that agents will often ignore that strategy because the lower DB=lower COI=lower target premum=lower commissions....
Where is this ranking list you refer to?The top IUL's for 20 year Net Cash Value accumulation and IRR (based on actual gains and expenses) were 1) North American Life, 2) Minnesota Life 3) Midland National Life 4) Allianz 5) Old Mutual (now F&G).... Surprised, well maybe not that surprised---that AVIVA was not in the top 10,,, they just have the best marketing I guess!
Where is this ranking list you refer to?The top IUL's for 20 year Net Cash Value accumulation and IRR (based on actual gains and expenses) were 1) North American Life, 2) Minnesota Life 3) Midland National Life 4) Allianz 5) Old Mutual (now F&G).... Surprised, well maybe not that surprised---that AVIVA was not in the top 10,,, they just have the best marketing I guess!