Who Should Watch
CXOs, senior leaders and those involved with life product compliance, distribution, marketing, and others who need a high level overview of the change and what it actually means for life insurance companies going forward. A second, more detailed, webinar is being planned specifically for individuals involved in life insurance product development. Registration is open to corporate office employees of LIMRA and LOMA member companies.
In December’s federal COVID-19 relief bill, there was an important change to section 7702 of the IRS Code regarding interest rates used in defining what qualifies as life insurance. This change has immediate implications for permanent life insurance products. In this webinar you’ll learn more about the reason for the change, a high level overview of the effect on universal life and whole life as well as other short- and long-term implications for life insurer carriers.