Series 26: Sales Load

Taken from our Series 26 Online Guide

Sales Load

A sales load must not exceed 9% of the sum of the annual premiums that the insured would be expected to pay during the lesser of (1) his anticipated life expectancy or (2) twenty years.

SEC Rule 6e-2(b)(13)(i)

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Solomon Exam Prep Study Materials for the Series 26
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SUMMARY: Advantages and Disadvantages of Variable Life Insurance Products

Advantages

Ability to choose how the money will be invested to better meet the policyholder’s goals

Minimum death benefit

Ability to earn a higher death benefit and cash value on the account

Voting rights

Greater chance to beat infla