In the middle of the greatest market meltdown in recent history, only second to the market crash of 1929, variable universal life (VUL) lapses
or replacements were shockingly low. The equity loss was not the real problem as much as agents configuring scheduled premiums based on illustrating double-digit proposal returns. Now several VUL carriers have reconstructed their expense loads and have renewed their promotion
of VUL in the registered representative market with new vigor and new guarantees that signal a resurrection of tax-favored investing via VUL.
Steve and Bobby have several zingers in this episode that will grab your attention.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the number one online author and videographer of insurance content. During his 30-year... More
Steve Savant recently shared that Maybe The Best Lead Generation Idea Ever - Summer Sales Ideas for 2014 Volume III with financial columnist Steve Savant & senior adviser Don Prehn.