Irrevocable Life Insurance Trust What is it? An irrevocable life insurance trust (ILIT), sometimes referred to as a wealth replacement trust, is a trust that is funded, at least in part, by life insurance policies or proceeds. If properly implemented, an ILIT can help minimize estate taxes and …
Symetra Product Overview: UL-G 2.0 w/ ROP & CAUL 2.0
On Monday, March 14th, Symetra updated their universal life offerings, rebranding UL-G as UL-G 2.0 and CAUL as CAUL 2.0. Targets decreased for most clients over 40 and increased for most substandard clients, but premiums and accumulation patterns were unchanged. With the update, Symetra also …
Zika Virus Outbreak and Life Insurance
Genre: What Zika means for you and your clients Zika Virus Outbreak – What Does It Mean for Insurers? Issue: March 2016 | Life | By Tim Eppert, Senior Pricing Actuary, Cologne In February 2015 the Ministry of Health in Brazil investigated and later confirmed an outbreak of Zika virus that has …