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Keyword: Universal life insurance

26 results found
Class action

Plaintiffs sought to add new claim to case that dates back to the 1980s

Lower court ruled widow entitled to cancel policy switch, collect $1.3M payout

Hand stopping dominos

Agent deemed unsuitable after deceiving regulators about continuing education

people working

A sneak peek at an upcoming CE course shows three time frames are key to recommendations

Financial Services Regulatory Authority of Ontario logo

The clampdown includes the sale of unsuitable universal life policies

Court ruling found that universal life policies can't be used for unlimited deposits

Insurers experiencing big drop in sales this year

Level cost of insurance rates on new UL insurance products will increase by varying amounts, with the most significant impact being on limited pay policies

Steer clear of these missteps to ensure your clients don’t end up with irreparable damage to their financial plans

Universal life insurance can provide benefits such as flexibility and tax-exempt investment room, but the product is not suitable for all clients

As universal life products evolve, some advisors say these products continue to be attractive while others say UL has no place in a client’s portfolio