Death Benefit – Increases

Death Benefit – Increases

• Yet insurance companies appear to cope with inflation better than most businesses.
  • This is because Americans are buying bigger policies to help offset the erosion of their portfolios and because they are realizing higher yields on their substantial investments.

1979 0930 – NYT – The Appeal of Life Insurance Fades, But Most Families Still Buy It, By Edwin McDowell  —  [BonkNote]   —  [link]

• 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 a member of the Society, is Vice President of The Lincoln National Life Insurance Company

1983 – SOA – Individual Life Insurance Retention and Replacement Strategies, Society of Actuaries – 24p