Life Insurance Product in a Low Interest Rate Environment
Speakers: Bobby Samuelson, Gene Lunman, Scott Berlin
Year: 2013
Body of Knowledge:
Product,
Life Insurance Products,
Product Comparisons
Competence: Technical |
Level: Broad |
Session Rating: 4.90
A low interest rate environment changes the very nature of the insurance products that have become popular in the last 10 years. A continued low interest rate environment creates implications for the carriers that issue the contracts, the clients who purchased them and the agents that sell them. This session will examine the fundamental economic assumptions that underlie various kinds of products along with the changes in reserving that carriers now must make. This presentation examines what these changes mean in terms of the product development going forward.