The universal life with secondary guarantee market (ULSG) has taken its lumps from changes in the macroeconomic environment. Continued downward pressure on interest rates has produced efficient policyholder behavior, and the combination has forced life insurers to choose between affordability and profitability. Explore the impact of the current environment on ULSG new business, inforce management tools that are and are not available to manage it, and consider new perspectives to addressing ULSG inforce and new business going forward.
By attending the session, you will be able to:
- Understand environmental factors on the ULSG market, how those factors have impacted the way insurers view existing and inforce business, and paths for companies to consider moving forward.
TRACK: Spearheading innovation through change, Protecting long-term economic progress