• 5. A general account is a design feature that is generally available to purchasers of whole or universal life insurance whereby the general assets of the insurance company support the policyholder’s CSV <Cash Surrender Value>.  (p134/5)

2005 05 - Commercial Bank Examination Manual - Purchase and Risk Management of Life Insurance, Effective date November 2005 Section 4042.1, Interagency Statement on the Purchase and Risk -  Management of Life Insurance - 318p