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,…

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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…

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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…

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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 …,…

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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) ……..…

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Illustrations – Purpose What is the purpose of policy illustrations? 1988 – SOA – Are Current Illustrations Supportable?, Society of Actuaries – 20p https://www.bonknote.com/2013-1211-doc-735-2-deposition-of-michael-tivilini-215p/ THE WITNESS: I mean, it’s one of the things you would look at. Certainly, life insurance illustrations are, you know, one way of showing how the policy is going to behave…

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Q: Who Can Explain How Life Insurance Policies Work?  Academics 2018 1118 – No. 294: Universal Life Policies—a Disaster for Life Insurance Companies and Their Policyholders, by Joseph Belth – [link] Detailed discussions of the history and operation of universal life may be found in college-level insurance textbooks. See, for example, pages 70-76 in the 15th edition…

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