LIRP
Q: How are Life Insurance Policies Sold?
Q: How are Life Insurance Policies Sold? Q: Are Life Insurance Policies Being Sold For a Death Benefit or an Investment Vehicle? LIRP/ SLIRP – Life Insurance Retirement Plan Walker v LSW Target Premium, etc. IUL – NAIC Group
Read MoreProject – 2023 – MAPWG – Market Analysis Procedures (D) Working Group – NAIC
Project – 2023 – Market Analysis Procedures (D) Working Group 4. Possible NAIC Recommendations for Amending the Uniform Securities Act a. At the present time, the NAIC, including the Securities and Insurance Regulation Task Force, is studying the many “new-life” insurance products that are being sold by approximately 30 insurance companies. Simultaneously, the NAIC is…
Read MoreProject – NAIC – Snippets – 2014
Project – NAIC – Snippets – 2014 2014 2014 0114 – NAIC Proceedings LATF CC – RE: IULISG – Indexed Universal Life Illustrations Subgroup John Bruins (American Council of Life Insurers – ACLI) said there are a wide range of practices in the area of policy illustrations, particularly for indexed universal life (UL) policies. 2014…
Read More2022 0908 – GOV (Senate) – Current Issues in Insurance – Sherrod Brown (D-OH)
2022 0908 – GOV (Senate) – Current Issues in Insurance 2022 0908 – GOV (Senate) – Current Issues in Insurance – SandBox 2022 0908 – GOV (Senate) – Current Issues in Insurance, Sherrod Brown (D-OH) — [BonkNote] VIDEO banking.senate.gov/hearings/current-issues-in-insurance VIDEO-CSPAN – Hearing on Insurance Industry Practices VIDEO-YouTube. [Bonk: Missing a piece of Toomey video] Senator Sherrod…
Read MoreFSOC – MetLife – Explanation of the Basis of the Financial Stability Oversight Council’s Final Determination 85-2, 85-3 – 387p
FSOC – MetLife – Explanation of the Basis of the Financial Stability Oversight Council’s Final Determination…. MetLife v FSOC 2014 1218 – LC – MetLife v. FSOC – D85-2, 85-2 – 15-cv-45 – Explanation of the Basis of the Financial Stability Oversight Council’s Final Determination that Material Financial Distress at MetLife Could Pose a Threat…
Read MoreDots – Letter
Dots – Letter FSOC MetLife Designation Run Implausible – Woodall, Hamm, etc. Reputational Risk 1980s SOA Dots – Examples Dots – Policyholder Runs Dots – Illustrations Dots – Tools – Policy Summary / Coverage Period / Illustration LIRP – MetLife – Legal Cases – Nurses Runnable Liability PBS – Ed S Walker v LSW Illustration…
Read MoreDots – Policyholder Runs
Dots – Policyholder Runs No Runs on Life Insurance Run – Examples 2015 1119 Oversight of FSOC – Wagner [Have there ever been Runs on Life Insurance Companies? Yes] 1991 – FRB – Monetary Policy and Open Market Operations During 1991 – 123p Many life insurance companies had been hurt by declining real estate values, as…
Read MoreUniversal Life – Marketing
Universal Life – Marketing Richard F. Fisher sums up his viewpoint thus : Universal Life is marketed as a tax-free money market fund, or other short-term investment vehicle, with term insurance available to be purchased from the fund. Current high short-term yields are illustrated for very long periods of years. Continuance of the term piece…
Read MoreLIRP – Life Insurance as Retirement Plan / Savings / Investment – Walker vs. LSW
LIRP – Life Insurance as Retirement Plan / Savings / Investment – Walker v LSW IUL as Retirement Income Q Would you agree that a policyholder can use an IUL policy through the use of loans and withdrawals to obtain tax-free retirement income? A I do. Q Is that fair to say? A It’s one…
Read MoreQ: Are Life Insurance Policies Being Sold For a Death Benefit or an Investment Vehicle?
Q: Are Life Insurance Policies Being Sold For a Death Benefit or an Investment Vehicle? Life Insurance as an Investment LIRP/ SLIRP – Life Insurance Retirement Plan LIRP – Life Insurance Retirement Plan – Index MetLife 1990s FSOC I didn’t buy a Life Insurance Policy SOA – Looks like an Annuity Walker vs.…
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