May 2023 – Page 2 – [BonkNote]

NCOIL – Documents 1993-3, NAIC Proceedings – 1992 0724 – Letter – NCOIL to State Governors – Re: Full Disclosure/No Misleading Advertising in the Sale of Life Insurance, Attachment Six-A2 – [link-pic] 2000 – NCOIL – Reforming Insurance Regulation: Making the Marketplace More Competitive for Consumers – <WishList> 2003 1105 – GOV (House) – Reforming…

Product Approval Today, life insurers compete directly with non-insurance financial services institutions, such as banks and mutual funds. (p12) — William B. Fisher, Vice President And Associate General Counsel, Massachusetts Mutual Life Insurance Company, On Behalf of the American Council Of Life Insurers (ACLI) 2001 0621 – GOV (House) – Insurance Product Approval: The Need…

Sentry Life Insurance Company Policies which were sold on a “vanishing premium” basis are expected to exhibit a different payment pattern than those sold on other bases. Thus, although a company can measure persistency, the appropriate standard to which this experience should be compared would be very difficult to determine. The measurement of the persistency…

Flexible Premium Chapter 6 provides a comprehensive description of adjustable-premium and flexible premium plans, along with the development of universal life insurance. An introductory description of universal life product features is also given. Black, K. Jr., and Skipper, H.D. Jr. “Flexible-Premium Life Insurance Policies,” Chapter 6 in Life Insurance. 12th ed. Englewood Cliffs, N.J.: Prentice…

Sun Life Group of America In our Universal Life products, we need to find that critical point, or what is as important, what is the best level of premium relative to the target premium. You don’t want all target premiums. In fact, the lower the premium is, the closer to the minimum premium, the happier…

Q: How are Life Insurance Policies Sold? Q: Are Life Insurance Policies Being Sold For a Death Benefit or an Investment Vehicle? LIRP/ SLIRP – Life Insurance Retirement Plan Walker v LSW Target Premium, etc. IUL – NAIC Group

CRVM – Commissioners Reserve Valuation Method 1979 – SOA – Adjustable Life Expense Allowances Under The Commissioners Reserve Valuation Method, Society of Actuaries – 36p 1984-1, NAIC Proceedings, Reserves Examples 1994 – SOA – Valuation Actuary Symposium Proceedings – Sessions 8 – Life and Deferred Annuity Life and Deferred Annuity Liability Models, Society of Actuaries – 32p 1994…

Abstracts of Significant Cases Bearing on the Regulation of Insurance – NAIC 2005 – JIR / NAIC – Abstracts of Significant Cases Bearing on the Regulation of Insurance – 5p The Third Circuit Court of Appeals reviewed a “vanishing premium” case in Huu Nam Tran v. Metropolitan Life Insurance Co., 408 F.3d 130 (3d Cir. Ct.…

Walker vs. LSW – Snippets (p170) Mr. Brosnahan said: Well, the fees can cause policies to lapse. Is that a secret? I mean, fees cost something. That’s the point of fees. If someone puts money into their policy, there will be fees, as they know, coming out of those policies. If you don’t put enough premiums…

Litigation Legal Cases Legal Cases – Index https://www.soa.org/search/?r=SearchCategories%5B105%257e230%5D&q=litigation&pagesize=75&sortby=date