Policies – Page 7 – [BonkNote]

Irreplaceable Life – Executive Life 1984 0131 – GOV (Senate) – Tax Treatment of Life Insurance Products and Policyholders – [PDF-345p-GooglePlay] RALPH H. GOEBEL: We have an irreplaceable life type product that on the surface is a straight ordinary life policy. You can also look at it as a type of Universal Life product where the fixed…

Policy Categories – Blurry ROLAND R. ROSE: Is your particular first-to-die product a universal life or a par whole life design? MICHAEL J. ROSCOE: Depending on who you talk to, it’s an interest-sensitive whole life or a fixed premium universal life, but it’s not a par whole life policy. 1991 – SOA – Product Update -…

FPUL – Fixed Premium Universal Life Current Assumption Whole Life 2005 – SOA – Determining Guideline Premiums for Fixed-Premium Universal Life Insurance Contracts, by John T. Adney, Brian G. King and Craig R. Springfield – 6p 1988-2, NAIC Proceedings – (p411) Date: May 16, 1988 To: Dave Becker From: Doug Doll Subject: Fixed Premium Universal Life In…

Narrative Summary The narrative summary consists of: (1) a brief description of the policy being illustrated and the statement that the policy being illustrated is a life insurance policy; (2) a brief description of the premium outlay or contract premium as applicable for that policy; (3) a guaranteed maturity premium to keep the policy in…

Dynamic Products NGEs – Non-Guaranteed Elements Policyholder Behavior NAIC Working Groups – Current / Recent ACLI Letter 2016 0517 – LIIIWG – Assurity Resources – Consumer Issues Associated with Guaranteed Universal Life – NAIC – 11p 2017 1115 – Letter – AAA tp NAIC – (American Academy of Actuaries) – Re: Life Insurance Buyer’s Guide…

Surplus Lines of Insurance 1981 – SOA – Asset Management for an Insurance Company, Society of Actuaries – 14p NAIC content.naic.org/cipr-topics/surplus-lines Surplus Lines (C) Task Force – [link] Surplus Lines (C) Working Group – [link] 2010 0722 – CRS – Surplus Lines Insurance: Background and Current Legislation – 9p 2021 Excess and Surplus Lines Laws in the United…

Endowment Policies 1975-1, NAIC Proceedings – Some Problems With Special Endowment Policies: A Report – (p750) annual pure endowment (APE)

Group Life Insurance 1955 – SOA – Funding of Group Life Insurance, Charles L. Trowbridge – 16p 2015 – LC – 15-56371 – Susan Salyers v. Metropolitan Life Ins. Co – [link-Youtube] 2016 – LC – 14-1944 – Hawkins, et al v. Aetna Life Insurance Company, (Tenneco) – 8p

Side Fund Actuaries have long known that the mechanics of a side fund, with deductions for decreasing term insurance, parallel the mathematical structures of the reserve and cash value in traditional products. Applying this analysis to universal life, both the reserve and the cash surrender value have been expressed in terms of a side fund,…

Charity Owned Life Insurance 2003 1202 – Letter – Anonymous Writer Criticizes Charity-Owned Life Insurance Anonymous to Susan Brown Associate Tax Legislative Counsel, Office of Tax Policy, U.S. Department of the Treasury pgdc.com/pgdc/story/anonymous-writer-criticizes-charity-owned-life-insurance 2010 – GOV (DOTT-Department of the Treasury) – Report to Congress on Charity-Owned Life Insurance – 39p 2010 – LC – OSU,…