The board said premium financing can have a place in the life insurance industry but that the SOLI arrangements in question give parties who are unrelated to the insureds a mechanism for ignoring state insurable interest laws.
One of his ambitions is to help financial professionals show they're doing what they're doing.
The company has used iPipeline tech to create an all-digital application process for an IUL product.
Some people in these states may be shopping. Some may be seething.
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