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Equity indexed UL picks up speed.(PRODUCT TRENDS)(universal life insurance)

Publication: National Underwriter Life & Health
Publication Date: 02-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
EQUITY INDEXED UNIVERSAL LIFE insurance is starting to show some significant development activity, according to Tim Pfeifer, principal and consulting actuary at Milliman, Chicago.

Like their equity index annuity counterparts, EIULs have a minimum interest guarantee but also credit by to 6...

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...interest linking gains growth in an equity index.

"In the last months," Pfeifer said, "we've been getting more questions about this type of product."

EIUL sales reached around $150 million in 2004,...

NOTE: All illustrations and photos have been removed from this article.



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