Commissions “compensation patterns and product design” “Special Compensation” – “incidental advice” Renumeration levelized commission program We designed commission rules that anticipated a relatively large number of rollovers of existing policies;. ..full commissions are paid provided the new Universal Life face amount is at least two times the face amount of the replaced policy. —   Phillip B. Norton, not…

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Agents Agents – Index Training, Knowledge, Ethics, Recruitment, Lawsuits, Government Testimony, Academic papers, FSP Paper, No difference how well-intentioned and honest an insurance man’s advice may be it may prove very expensive and harmful if not based on accurate knowledge. (p28) —  Isaac Miller Hamilton, President of the· Federal Life Insurance Company 1914 – Conference…

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NAIFA – National Association of Insurance and Financial Advisors, fka NALU Formerly known as NALU (National Association of Life Underwriters)  naifa.org belong.naifa.org/history advisor.naifawashington.org/ Gary Sanders (National Association of Insurance and Financial Advisors—NAIFA) agreed that use of the term “cash value” was confusing. 2017 0217 – NAIC – LIBGWG Conference Call While life insurance is not…

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LIMRA – Life Insurance Marketing and Research Association limra.com/ limra.com///company/ 1990-1A, NAIC Proceedings – NAIC / LIMRA – Universal Life Disclosure Form Focus Group Summary  —   [BonkNote]  —  10p LOMA, parent organization, LL Global Robert Kerzner “Trends in Life Insurance Ownership” study – <WishList> Our research generally indicates that the public can be best described…

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