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I was on the call... Still waiting in details, but it looks good. They discussed an 11% cap, but not firm. Rollout is in 3/1 & we will see.I noticed MoO is rolling (or has) an IUL. Any info or thoughts as to how competitive it is (will be)?
11%, hope they have something else to help make it competitive. Working on getting appointed with MoO, look forward to seeing their IUL -if theyre rolling one out.
Does anyone know midland's cap? I filled out the paperwork on Friday.
Id agree that at an 11% Cap it better have something special... like a 150% participation rate or something.... or a super low loan rate... if not then it is just another subpar IUL that is trying to hop on the bandwagon.
MoO is likely developing this to cater to their captive agents and not to indy agents.