By Wayne Miller, BMATH, ASA, ACIA, Mark Arruda, BMATH, FCIA, FSA, CERA and Martin Ng, CFA
September 14, 2019
Though known more for its estate planning benefits than as an investment tool, permanent life insurance is attracting attention among investors looking to improve the return or reduce the risk of the fixed-income portion of their investment portfolio. Have a look at the merits of permanent life insurance as an alternative asset class in a research paper by leading industry experts Wayne Miller, Mark Arruda and Martin Ng.