Regulatory Alerts2025-03-13
Added · Updated
Indexed Universal Life Insurance Products for Professional Investors
This document serves as the mandatory Important Facts Statement and Applicant’s Declarations for Indexed Universal Life Insurance policies sold to professional investors. It requires customers to acknowledge key risks, including the lack of asset ownership, non-guaranteed returns, complex fee structures, and potential losses from early termination or market value adjustments. The form mandates customer confirmation that they have received necessary product documents, understand the suitability of the policy, and affirm their ability to meet premium payment obligations.