Carriers based their index return assumptions based on 25 or 30 year or longer averages, so one major benchmark index the S & P 500 annual point-to-point return is given as 7.50% to 7.75% depending on the carrier. One major problem for consumers to judge Indexed UL performance is illustration design. John Hancock makes it easy to create 10 year, 25 year or 40 year historical reports. This sort of historical report is possible on some Indexed Universal Life (IUL) illustration software but has to be painstakingly created with each year’s values plugged in manually. A dose of realism is finally available for client presentations where illustration policy value assumptions mirror real world index fluctuations. John Hancock has become the first life insurance carrier to offer Indexed UL (IUL) historical reports.
