Illustrations
1994 06 – Kiplinger’s – Buying Life Insurance: What the Numbers Don’t Show – Future cash values may not be as big as they seem – (p49-52), by Kristin Davis
1994 06 – Kiplinger’s – Buying Life Insurance: What the Numbers Don’t Show – Future cash values may not be as big as they seem – (p49-52), by Kristin Davis 1994 06 – Kiplinger’s – Buying Life Insurance: What the Numbers Don’t Show – Future cash values may not be as big as they seem…
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1981-1, NAIC Proceedings – Task Force on Life Insurance Disclosure System – LIDS – NAIC
1981-1, NAIC Proceedings – Task Force on Life Insurance Disclosure System – LIDS – NAIC Task Force on Life Insurance Disclosure System – LIDS – NAIC — [BonkNote] 1981-1, NAIC Proceedings – Task Force on Life Insurance Disclosure System – LIDS – NAIC — [BonkNote] 1981-1, NAIC Proceedings – Task Force on Life Insurance Disclosure…
Read More1991 – SOA – Illustrations, Society of Actuaries – 20p
1991 – SOA – Illustrations, Society of Actuaries – 20p 1991 – SOA – Illustrations, Society of Actuaries — [BonkNote] — 20p JUDY FAUCETT: We’re going to discuss the preliminary report of the Task Force for Research on Life Insurance Sales Illustrations. 1991-1992 – SOA – Final Report* of the Task Force for Research on Life Insurance Sales Illustrations,…
Read MoreIllustrations – Credibility
Illustrations – Credibility 11. Report of Yield Index Advisory Committee – Life Cost Disclosure (A) Task Force Walter Miller (The Prudential), chair, presented the report of the Yield Index Advisory Committee (Attachment One). … expressed his strong concern about the credibility of illustrations, and accordingly included revisions to the regulation to cover this even though…
Read MoreIllustrations – Solutions
Illustrations – Solutions The credibility of permanent life insurance has suffered serious damage because of insurance proposals, or illustrations, with unrealistic projections of future earnings. 1995 – SOA – Insurance Illustrations: A Possible Solution, by Lloyd Foster, Society of Actuaries – 2p It is probably true that most of the information needed is already in…
Read More2019 0528 – IULSG – Indexed Universal Life Illustrations Subgroup – (A) – NAIC
2019 0528 – IULSG – IUL Illustration Subgroup – (A) – NAIC 1/ – Fred – LIAC – IUL Illustrations – concerns features may not be working as intended, Bonus and Multiplier features, Crediting Rate, AG49 Limitations, Cash Values, Target premiums.. is a desire to change…. 2019 04 meeting- Menu of Options, Comments from …,…
Read More2019 0312 – IULSG – Indexed Universal Life Illustrations Subgroup – (A) – NAIC
2019 0312 – IULSG – IUL Illustration Subgroup – (A) – NAIC 2019 0312 – IULSG – IUL Illustration Subgroup – (A) – NAIC – 2019-1, NAIC Proceedings — [BonkNote] IUL Illustration (A) Subgroup March 12, 2019, Minutes (Attachment Fifty-Seven)(Attachment Fifty-Seven) ………. 6-835 Academy Comment Letter (Attachment Fifty-Seven-A) ………… 6-837 Sample Illustration (Attachment Fifty-Seven-B) ……..…
Read MoreIllustrations – Purpose
Illustrations – Purpose What is the purpose of policy illustrations? 1988 – SOA – Are Current Illustrations Supportable?, Society of Actuaries – 20p In my opinion, illustrations are just a sales aid, almost like an advertisement in the newspaper. — Mahir Dugentas 1995 – SOA – Current Developments Surrounding Regulations and Standards of Life and Annuity…
Read MoreQ: Who Can Explain How Life Insurance Policies Work?
Q: Who Can Explain How Life Insurance Policies Work? The insider joke about indexed universal-life policies is that it takes an actuary, an attorney and maybe even an engineer to understand how the product works. Some regulators worry that hypothetical projections of savings growth using these indexes are overly rosy and can lead to unrealistic…
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