Q: How Do Agents Use Life Insurance Illustrations?

  • How do Agents use these?
    • It would be good to hear from agents.

--  Richard Wicka, WI-Chair)

2018 12 - NAIC - Life Insurance Illustrations Issues Working Group

2017 - State Farm Agent Training / Van Mueller

Approximately 2:11 - "I don't ever use an illustration." 

See the rest at Youtube - Van Mueller | State Farm Agent Training Feb 2017 (Complete)

 

 

  • She also said that, except from some whole life insurance and term life insurance products, the summaries are explained to the consumer by an agent or broker and really serve as a tool for financial advisors in highlighting the features of a product.

-- Ms. Stegall (WI)

2016 0817 - NAIC (LIIIWG) Life Insurance Illustrations Working Group -  Conference Call