Breaking News: NAIC Votes to Stop Big Bonuses – Multipliers in IUL Illustrations
The NAIC (National Association of Insurance Commissioners) voted at a recent board meeting to stop allowing IUL (Indexed Universal Life) companies from illustrating big internal bonuses and multipliers.
What will come from the recent NAIC vote? Hopefully, new rules that implement what the board voted on. We expect to know by early 2020.
Levinson & Associates is standing by to assist with new illustrations that meet compliant regulations and to discover new IUL products for your clients!
|Watch our newest live training with IUL super trainer Joe Ross as we dive into IUL sales strategies and the new landscape following the NAIC ruling!|