A suitable purchaser of a variable life insurance
or annuity product must be someone who understands its risks, fees, limitations and guarantees as described in the product and underlying fund prospectuses.
Available at issue in states where it is approved, IL(SM) Legacy's optional Extended No-Lapse Guarantee (ENLG) Rider ensures, for an additional cost, this flexible premium variable life insurance
policy will not lapse for a specified period, regardless of investment performance.
Products: Historically, Merrill Lynch had focused on manufacturing and selling interest-sensitive and variable life insurance
and annuities; however, its primary emphasis will be the sale of variable annuities.
This easy-to-use guide explains lifecycle portfolios and gives side-by-side comparisons of the 11 lifecycle portfolios available through their variable life insurance
Mutual of Omaha ceased sales of its variable life insurance
and variable annuity products last year.
Coupled with the inherent tax advantages associated with both traditional and variable life insurance
, CPAs can use these new retirement planning opportunities to maximum advantage in advising clients.
Guardian annuities are issued by The Guardian Insurance & Annuity Company, Inc (GIAC), a Delaware corporation, and mutual fund, variable annuities, and variable life insurance
policies are distributed by Guardian Investor Service LLC (GIS).
For some clients, the hardest decision with a variable life insurance
policy is picking which investment options to be in.
Variable life insurance
can provide tax-free, not merely tax-deferred, investment income.
Upon close of the transaction, Nationwide would become the nation's third-largest provider of variable life insurance
, the companies said.
All individuals selling variable annuities and variable life insurance
products must be licensed insurance agents and registered representatives.
Best has also affirmed the FSR of A (Excellent) and the ICR of "a" of Ameritas Variable Life Insurance
Company (AVLIC) (Lincoln, NE), a wholly owned subsidiary of Ameritas Life.