IUL
What's the name of NLG's IUL Product?
Flexlife (or Summit Life)
Life insurance you don't have to die to use.
What's NLG stand for?
National Life Group
What is an IRA?
Individual Retirement Account
Who's the best company account rep?
Devon, no one is even in second place.
Does NLG's IULs have living benefits in all 50 states?
DUH
What's another name for living benefits?
Accelerated benefit riders (ABR)
Yes, 100%!
What's the RMD age for 2025?
73
When were life insurance sales the highest of all time?
What's the current cap on the IUL's S&P 500 allocation?
9.5%
How much did NLG pay out in living benefits last year?
113M
Where are our headquarters located?
VT and Dallas.
What's the max 403b contribution limit for 2025?
Explain why you would use FIT Secure Growth
It's a flexible premium annuity, primarily used in the 403b market.
Explain a cap and participation rate.
A cap is the most you can earn on an index allocation. A participation rate is the amount you earn of an index allocation return.
What's the maximum payout for living benefits?
1M for critical, 1.5M for terminal
When were we founded?
1848
Name three of NLG's annuity products
FIT Secure Growth, FIT Select Income, Income Driver, Growth Driver
Someone says "I don't need life insurance, I don't have a family and I am young." What do you say?
You get life insurance with your health, not your money. The younger you get it, the less expensive the premium. Also, think about your future, eventually you may have a family or spouse, your needs can change.
When were IULs created?
1997
Name all living benefits.
Critical illness, critical injury, chronic illness, Alzheimer's, lifetime income benefit rider, fertility journey rider.
How long has AF and NLG had a partnership?
15+ years
What was our SPDA sales in 2024?
3.2B
If I rollover someone's 401k, which plan type do I roll it into?
Traditional IRA.