Indexed products are leading the way in the life insurance and annuity space. But critics continue to complain about misleading illustrations and complex products. Where do we go from here?
Financial professionals and their professional associations are turning their attention to the courts as the legal system scrutinizes actions of federal agencies.
Some agents and financial planners swear by indexed universal life as a versatile product that addresses many issues. Others say it’s a devil in disguise.
Those who work in the life settlement market say it’s a legitimate strategy for many people. However, a new round of stranger-originated life insurance lawsuits is a reminder of the ties between STOLI and life settlements.
National Life Group’s chairman, CEO and president Mehran Assadi made the journey from “geek” to the top of the company, creating what he calls a successful “175-year-old startup” along the way.