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What to look for in a life insurance illustration

Life insurance illustrations show how a permanent life insurance policy can perform under certain scenarios. Illustrations show premiums, cash value and the death benefit through the years based on ...
JD Supra

NAIC Indexed Universal Life Illustration Subgroup solicits comment on options to revise Actuarial Guideline 49-A and to open NAIC Life Insurance Illustrations Model Regulation ...

On October 12th, the NAIC Life Insurance and Annuity (A) Committee’s Indexed Universal Life (IUL) Illustration (A) Subgroup (IUL Subgroup) exposed for comment four options to amend Actuarial Guideline ...
Insurancenewsnet.com

NAIC panel inching forward on life insurance illustration reg revision

State insurance regulators inched closer to reopening the overall model regulation governing life insurance illustrations today. During a conference call, members of the Indexed Universal Life ...
JD Supra

Illustration Requirements May Be Up in the Air Again

At the National Association of Insurance Commissioners’ Summer 2024 National Meeting, the Life Insurance and Annuities (A) Committee received a report of its Life Actuarial (A) Task Force and a ...