What Is WFG and What Does It Do?
A coworker asked me "Do you know anything about universal life insurance?" This one casual question opened a big can of worms.
He was approached by a friend of a friend who works for WFG. WFG is World Financial Group. It's a financial services marketing company owned by Dutch insurance company Aegon. WFG operates under a multi-level marketing (MLM) scheme. Instead of selling household products like Amway distributors do, WFG salespeople sell financial products.
WFG's products of choice include variable universal life insurance (VUL), variable annuities (VA), and equity index annuity (EIA). Many of these products come from Western Reserve Life (WRL), WFG's sister company also owned by Aegon.
Subscribe
