• Our Lexington report alluded to the controversial issue of nonguaranteed policy element illustrations.
• Currently, the issue is being addressed by four different groups:
  1. this task force;
  2. the Life Insurance (A) Committee's Cost Disclosure Task Force;
  3. the American Academy of Actuaries Task Force on Nonguaranteed Elements; and
  4. the American Council of Life Insurance's Subcommittee on Cost Comparisons.
• For this reason, subsection 14(b) should await the consensus of opinion on this issue at the December meeting.  (p137)

--  Report of the Market Conduct and Consumer Affairs (EX3) Advisory Committee- JUNE 22, 1987

• ⇒  Rules Governing the Advertising of Life Insurance
• ⇒  Life Insurance Products Coupled with Annuities

1987-2, NAIC Proc.