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Indexed UL vs. Whole Life

Just like all financial products, Indexed UL has both advantages and drawbacks. IUL marketing materials are quick to point out that Indexed UL offers upside linked to the equity markets without the risk of having negative policy credits during an equity market swoon, but that’s only half the story. Every Universal Life policy has annual policy charge deductions that can partially or wholly offset interest credits. In other words, talking about credits without talking about charges is like showing only the benefits column of a cost/benefit analysis. Policy charges are just as much real deductions from the policy account value as policy credits are additions. As a result, looking at both elements is essential when considering Indexed UL for your client. So how efficient are policy charges in Indexed UL relative to other life insurance products? MetLife Promise Whole Life Select 10 provides a fair comparison point.

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Oikocredit

Oikocredit is a worldwide cooperative and social investor, providing credit and equity to microfinance institutions and directly to trade cooperatives, fair trade organizations, renewable energy projects and small to medium enterprises (SMEs) in developing countries. Oikocredit’s strategic focus areas are inclusive finance, agriculture, renewable energy and Africa. As a social investor, Oikocredit's work is guided by the principle of empowering people to improve their livelihoods. Oikocredit offers a triple return to its investors: social, environmental and financial. In addition to earning a modest return, investors are secure in the knowledge that their money is being used to improve livelihoods, promote fair trade and respect the planet's natural resources. Oikocredit has investments in over 70 countries worldwide, with its international office based in Amersfoort, the Netherlands.

OTHER WHITEPAPERS

Statutory Notes For Financial Statements

whitePaper | October 5, 2022

In Poland, the Accounting Act of September 29, 1994 describes the mandatory notes and appendixes to be attached to the statutory financial statements. Their number varies depending on the structure of the company and its activity, but they always require the collection of information scattered throughout the company.

CLOUD, BANKING & FUTURE CHALLENGES

whitePaper | April 15, 2022

It’s a time of particularly significant change in the banking sector. Digital transformation is opening fresh opportunities worldwide, and as a result, the adoption and integration of cloud platforms has become a pivotal component in a company’s technology strategy. It’s easy to see the advantages too: new environments are bringing with them greater security and reliability. That, and a huge range of PaaS and SaaS options continue to evolve. There’s opportunity for real, reachable modernisation, and for cost savings too, and that’s what we’re going to explore here.

test whitepaper

whitePaper | May 5, 2020

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Digital Transformation for Banks

whitePaper | May 12, 2022

Conversational AI is a type of artificial intelligence that facilitates the human like conversation between a human and a software system in real time. It is a piece of software that a person can talk to, like chatbot, social messaging app, interactive agent, or smart device.

Digital Bank A Proposal for Licensing & RegulatoryRegime for India

whitePaper | November 30, 2021

In writing this Discussion Paper, “A Proposal for Digital Banks in India: Licensing & Regulatory Regime”, we are pleased to have collaborated with Black Dot Public Policy Advisors as the knowledge partner. Mr Mandar Kagade, Founder Principal at Black Dot made valuable contributions in developing this Discussion Paper. Ms Shehnaz Ahmed of the Vidhi Centre for Legal Policy acted as external expert reviewer of the Discussion Paper and offered detailed comments and inputs. We acknowledge her valuable contribution. We are also grateful for the support and inputs from the Department of Financial Services, Ministry of Finance, representatives of public sector banks including the State Bank of India, and Sabyasachi Upadhyay, Associate, NITI Aayog. Useful insights were also obtained from the deliberations in the conference, “Neo-banking for Business: The Future of Digital Banking”, especially Mr Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore. They are gratefully acknowledged. Last but not the least, the inputs offered by the fintech sector stakeholders who were approached for inputs in the course of drafting this Discussion Paper is acknowledged. NITI Aayog would endeavour to continue with the stakeholder consultation in evolving policy dialogue.

ECMS: a game changer to access your central bank

whitePaper | June 21, 2022

Central banks play an important role in ensuring sufficient liquidity is available to financial markets. Historically, they have always acted as lenders of last resort by providing distressed institutions with liquidity, in addition to processing more routine operations, for example by providing credit to support settlement in central bank money. Perceptions around accessing central bank liquidity have been progressively changing and today using central bank credit has become a commonly used liquidity management tool for many financial institutions. This shift started as a result of the financial crisis of 2008.

Indexed UL vs. Whole Life