Description
Variable universal life contracts are very flexible and several options need to be considered when purchasing VUL products. The registered representative will need to address death benefits options, premium amount and frequency, investment allocations, withdrawal and loan options, ownership options, competition and tax implications. All of these features play an important role in structuring a policy that will meet the insurance and financial objectives of the client.
The speaker will present information on all of the aforementioned options and provide comparative information for each option. In addition, the speaker will walk the attendee through the process of purchasing a VUL contract.
Learning Objectives
The objective of this course is to enable participants to recognize how the decisions made about contract features affect the function of a VUL contract