To Sell Variable Life Insurance Policies at Life

To Sell Variable Life Insurance Policies. As an insurance producer, to sell variable universal life, you must have a securities license in addition to a life license. Securities the policy owner of a universal life policy may skip paying the premium and the policy will not lapse as.

Unfortunately, many brokers and agents neither follow the rules nor tell the whole truth when selling variable life insurance policies. Variable life insurance is cash value life insurance that stays active your entire life, making it much costlier than a term life insurance policy. The reason for this additional licensing is because the underlying subaccounts within a.

Life expectancy determines value of your Life Insurance

The agent needs a life insurance license. If a licensed life insurance agent wants to sell variable life policies what additional license must the agent obtain ? Variable life insurance is a specialty investment product subject to financial industry regulatory authority (finra) regulation. Securities the policy owner of a universal life policy may skip paying the premium and the policy will not lapse as.