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- 2004 - SOA - Has the Illustrations Regulation Been Successful?, by Scott Witt, pdn-2004-iss60-witt - Society of Actuaries - 3p
- 2020 0402 - Scott Witt - A Critical Review of Indexed Universal Life, by Scott Witt - 5p
- 2020 0506 - Scott Witt - Additional Indexed Universal Life Commentary - $250 IUL Charity Challenge - [link]
- Joe Belth’s blog. (Belth's summary of the original piece can be found here. His follow-up blog containing this article can be found here.)
- 2020 0408 - Joseph Belth - No. 363 - Scott Witt's Views on Indexed Universal Life - [link]
- General Observations
- I am impressed by Witt's views on IUL.
- One point I found especially interesting, discussed in the third paragraph of the fourth section of his review, is how the current illustration rules favor IUL policies over whole life policies.
- In my opinion, IUL is a product that is sold by agents who do not fully understand it to clients who do not fully understand it.
- It will be interesting to see what IUL promoters—insurance companies, marketing organizations, and agents—have to say about Witt's views.
- 2021 0122 - Insurance Business Concepts (IBC) Global - Why Life Insurance & IBC is NOT An Investment - [Scott Witt] - [VIDEO-YouTube-44]
- Schemes
- Compliance -
- Opportunity Cost
- 2021 0528 - Insurance Business Concepts (IBC) Global - 7702 Law Change - An Actuary's Thoughts! - A Conversation With Scott Witt - [VIDEO-YouTube-36:17]
- 2022 0128 - Insurance Business Concepts (IBC) Global - Actuaries, Fiduciaries, Fee-Only, Insurance Advisors: A Deep Dive! - A Conversation With Scott Witt - [VIDEO-YouTube-50:42]
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