Forbes

  • The ACLI’s Dolan says the size of the premium depends on the returns on the options in the policy.
    • “The fact is, in a different (and better) economic environment, less in premiums would be paid than originally planned,” he notes.
  • “Owners of this product must be aware of exactly how it works, because, unlike certain other types of life insurance, IULs have a fluctuating component to them.”

2020 0923 - Forbes - Sounding The Alarm On Indexed Universal Life Insurance - [link]

  • 2024 - Forbes - Best Life Insurance Companies of March 2024, by Amy Danise - [link]
    • We evaluated key metrics for term and permanent life insurance for 16 companies, using a database of more than 9,000 policies, and found that Pacific Life and Protective are the best life insurance companies, with five-star ratings for both.
    • Here are Forbes Advisor’s expert picks for the best life insurance of March 2024:
      • Pacific Life – Best for Variable Universal Life Insurance
      • Protective – Best for Indexed Universal Life Insurance
      • Corebridge Financial – Best for Recreational Marijuana Users
      • Penn Mutual – Best for Universal Life Insurance
      • Symetra – Best for Term Life Insurance
      • Transamerica – Great for Reliable Policy Illustrations
      • Lincoln Financial – Great for Estate Planning
      • MassMutual – Great for Financial Strength
      • Midland – Great for Seniors
      • Nationwide – Great for Young Adults
  • 1972 - Forbes - 980p ia600609.us.archive.org/3/items/forbes110julforb/forbes110julforb.pdf
  • 1972 0701 - Forbes - Herb Denenberg's Shopping Guide - 48-49 
    • Can you compare price tags on life insurance the way you
      do on a pound of meat or a new car? Many salesmen say
      no. Pennsylvania's Commissioner of Insurance says yes. 
    • 1972 0815 - Forbes - Reader's Say - p20
  • 2020 1007 - Insurance Advocate - Forbes Advisor Unveils First-Ever Best Life Insurance Companies Awards - [link]
    • Pacific Life was named top life insurance company of 2020, followed by Northwestern Mutual and Penn Mutual Life Insurance Co.
  • ia902800.us.archive.org/35/items/forbes132octforb/forbes132octforb.pdf
  • 1983 Fall - Forbes - Ad - TransAmerica / Occidental - Universal Life - p278
    • Like our Universal Life policies that meet the competition
      offering interest on cash value money market rates. 
  • 1983 1010 - Forbes - Ad - New York Life - p174
    • Decisions. Decisions.
      • Should you put more money into life insurance to
        protect your family?
      • Or should you put it to work at competitive interest rates for future college expenses retirement, and other needs?
      • Your dilemma may be solved with New York Life's
        new Target LifeSM Policy* That's because it is a remarkably flexible universal life insurance policy with several essential benefits.
  • 1983 1010 - Forbes - The Changing Face of Life Insurance, by Goldie Dietel, Life Consultant, Richard R. Doyle Associates - (p
  • 1983 1024 - Forbes - Ad -The Hartford - p95
    • Compare your present life insurance with The Hartford's Solution

    • We can cut your life insurance costs up to 50% — without cutting your coverage

  • 1983 1205 - Forbes - Change of Life, by Jill Andresky - p147
    • Aetna (Voya) - Aeconoflex 
    • With universal life policies, course, this buildup is much greater than in old-fashioned policies because the insurance companies usually invest the premiums in short-term instruments.
      • "Congress is acting," says Tepper, "because it saw a proliferation of people using life insurance to avoid taxation on what had become essentially an investment-oriented product."
    • Here's why universal life is such a sweet deal. Say you paid a $1,000 premium on your universal life policy last month. Depending on your age and the size of your policy, only $250 of that might actually go to insurance
      coverage. The other $750 would generally be invested for you by the insurance company at short-term rates.
  • 1983 1121 - Forbes - Ad - Bankers Life - Adjustable Life II- p348
    • Adjustable Life II from The Bankers Life of Des Moines gives you a combination of benefits no other single policy can match. Not term! Not whole life! Not universal life!
    • Provides Whole Life Advantages At the Price of Term. You can move freely between the low cost, temporary protection of term insurance and the long range, cash value advantages of whole life.
    • Changes to Fit Your Needs. As many times as necessary you can, within limits, raise or lower your payments, increase or decrease your coverage, lengthen or shorten protection period. In effect, you're able second guess" what your needs will be lie future.
    • But since every Adjustable Life II policy earns dividends, they can be used to lengthen the period of coverage. 
    • [Bonk: ??] - This gives you the low cost benefit of pure protection plus the level premium payments of a whole life policy.
  • 1983 1205 - Forbes - AILife (AIG) - Why does AILife call it "Universal Life Insurance"? Because it does more than you ever thought life insurance could! - p
    • We offer no confusion and no gimmicks!
    • At AILife, we call our exciting new product "UNIVERSAL LIFE INSURANCE" because it appeals to just about everyone and is the best and simplest way to describe this unique and flexible insurance policy.
    • Universal Life can change the way you think about life insurance.
    • No Sales Charge
      • Unlike many other Universal Life policies being sold today, AlLife's Universal Life policy is a No Front Load policy.
      • This means you pay no sales charge when you purchase your policy. All premiums you put in are credited to your account! (There are charges for
        cancellation or withdrawals during the early years of the policy).
  • ia802804.us.archive.org/3/items/forbes142novforb/forbes142novforb.pdf
  • 1988 1114 - Forbes -
  • (p) - Two below par
    • SIR: Your article "The mess at Equitable Life" (Sept. 19) is itself a mess. To take one company and assert that there is an industrywide absence of management and director accountability is far below the caliber of FORBES reporting. Baldwin-United's insolvency involved a stock company with the policyholder rescue effort led by Metropolitan, a mutual company. You also point to low capital-to-asset mutual ratios, and yet the following table mixes both stock and mutual companies without explanation.
      • Harry G. Bubb, Chief Executive Officer, Pacific Mutual Life Insurance Co., Newport Beach, Calif. 
  • (p267) - Xerox Financial Services - There's insurance protection for your auto, home and business from Crum and Forster. A new generation of life insurance and annuities from Xerox Financial Services Life.
  • (p364)- Bailouts made the depression in the Third World hyperinflationary, rather than deflationary. They will do the same here. AMERICA'S KREDITANSTALT, by Ashby Bladen, a financial consultant and author of How to Cope with the Developing Financial Crisis.
    • Thrifts, FSLIC
    • My last two columns warned you about the severe investment losses that will be reflected next spring in many life insurance companies' convention statements (misprinted "capital" statements in my last column).
    • Several life insurance agents have written to tell me about the State Guarantee Funds that exist to make whole the policyholders of insolvent life insurance companies.
      • Having been a life insurance company executive for many years, I know about them.
      • But I also know that they are Rube Goldberg contraptions.
        • They can handle the odd, small failure, but using them to handle the kind of trouble that is developing now will impose a huge burden on the owners of sound companies, which include the policyholders of mutual companies.
        • When push comes to shove, it will be politically imperative to bail out life insurance companies, as well as banks and thrifts, with federal credit.
        • At some point the inflationary implications of those bailouts will cause our foreign creditors to lose whatever confidence they still have in the dollar
  • (p) - To free up capital, commercial banks are taking all kinds of loans and selling them, as packaged securities. The practice makes sense, but the accounting is questionable. If it moves, package it?, By Laura Jereski
    • Prudential Bonds - Death backed bonds
  • (p668) - We can't afford another credit crunch or recession, so we will have to settle for inflation and a falling dollar. - REMEMBERING 1970, By Ashby Bladen 
    • In 1971 I became the chief investment officer of the Guardian Life Insurance Co
  • 2020 0923 - Forbes - Sounding The Alarm On Indexed Universal Life Insurance - [link]
    • And more than 20% of all new premiums written in 2019 were IUL policies, LIMRA said.
    • There are now at least 52 insurers selling indexed universal life insurance, says Barry Flagg, president of Veralytic, a life insurance products rating service.
      • Pacific Life is the biggest and holds about 19% of the market.
    • But critics say indexed universal life insurance is being sold dishonestly. “
      • They are complex products sold with false promises and deceptive marketing,” says Birny Birnbaum, director of the nonprofit Center for Economic Justice. “Stay away from them.”
    • The American Council of Life Insurers (ACLI), which represents 280 companies in the insurance industry, admits that IUL is not for everyone.
      • “But indexed universal life would not be increasing in popularity if millions of long-term planners and families were not finding the cost of owning the product to be a good value,” says ACLI spokesperson Jack Dolan.
    • Indexed universal life insurance is in the same class with other permanent life insurance  policies, such as whole life insurance.
      • This means that it won’t expire—the way term life will—provided the premiums you’re paying in and policy account values are enough to keep the policy in force.
    • The ACLI’s Dolan says the size of the premium depends on the returns on the options in the policy.
      • “The fact is, in a different (and better) economic environment, less in premiums would be paid than originally planned,” he notes. “Owners of this product must be aware of exactly how it works, because, unlike certain other types of life insurance, IULs have a fluctuating component to them.”
    • Fees Can Drain the Policy