Life Insurance and Mutual Funds

  • One company that I know of has now become very successful in selling a package of mutual funds and permanent life insurance.
    • It is a life paidup-at-65 contract. 

--  C. David Silletto

1967 - SOA - New-Company Problems, Society of Actuaries - 38p

  • 1976 - LR - Marketing Mutual Funds and Individual Life Insurance, by John P. Freeman - 125p
  • My remarks are not directed to new-company problems very specifically, but there is one remark that John Fry, the speaker from the Continental, made that led me to make this remark.
    • He said that there was some attractiveness currently for mutual funds to ally with life insurance companies, especially in view of the fact that the front-end load has been attacked through the SEC investigation on mutual funds marketing.
    • It seems to me that, if the mutual funds were to become no-load funds and were sold in conjunction with life insurance, the commission under life insurance might have to rise above its current level since more is sold than just life insurance.

--  Claude Y. Pauquin

1967 - SOA - New-Company Problems, Society of Actuaries - 38p