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The Indexed UL Rate Translator uses a sophisticated yet simple approach to "translate" a client's long-term equity market expectations into an Indexed UL illustrated rate. Producers can adjust the cap, floor, and participation rate for a given index strategy, thus making it easier for them to compare the risk-and-return profiles of different products.
"Determining an appropriate assumed illustrated rate has been an ongoing challenge with Indexed UL. The IUL Translator can provide a way to meet client expectations while also allowing for meaningful comparison between different products," said
"One significant advantage to the Indexed UL Rate Translator is that its approach is consistent with the longstanding illustration practices of other product types,"
John Hancock Financial is a unit of
The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in
Insurance policies and/or associated riders and features may not be available in all states.
Insurance products are issued by: