Tuesday, September 6, 2022

Evaluating Whole Life Products in Uncertain Times

When 2022 began, the industry was in the process of adjusting to the changes made to IRC Section 7702 Regulations. As new policies began to emerge, another element of concern began brewing: an unsettling economic environment. Fluctuating interest rates have begun to factor into product refreshes, revamps and adjustments. And while the industry cheers higher interest rates, other factors may serve to influence consumer buying habits. Concerns about inflation, continued global supply chain disorder, geopolitical instability, unstable oil prices and shifts in employment could result in market uncertainty and reduced demand for many products, including...


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