General Accounts

  • 1983 – SOA – Segmentation of Insurance Company General Accounts, Society of Actuaries – 38p
  • 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