GMF - Guaranteed Maturity Fund
- The guaranteed maturity fund at any duration is that amount which, together with future guaranteed maturity premiums, will mature the policy based on all policy guarantees at issue.
NAIC - Universal Life Insurance Model Regulation (#585): - 22p
- Shane Chalke
- ULMR – Universal Life Insurance Model Regulation – MDL-585 – NAIC
- GMP - Guaranteed Maturity Premium
- "Every universal life insurance policy of which the drafters are aware has a “net level premium” that could be computed which would guarantee permanent protection."
- As a result, it is expected that most universal life insurance policies will be sold as permanent plans."
- "Every universal life insurance policy of which the drafters are aware has a “net level premium” that could be computed which would guarantee permanent protection."
- GMF - Guaranteed Maturity Fund
- The guaranteed maturity fund at any duration is that amount which, together with future guaranteed maturity premiums, will mature the policy based on all policy guarantees at issue.
- r-ratio
- "The letter “r” is equal to one, unless the policy is a flexible premium policy and the policy value is less than the guaranteed maturity fund, in which case “r” is the ratio of the policy value to the guaranteed maturity fund."
- The Guaranteed Maturity Fund at any duration is that amount which, together with
- Guaranteed Maturity Fund and Guaranteed Maturity Premium values could
1993 0525 - GOV (Senate) - When Will Policyholders Be Given The Truth About Life Insurance?, Howard Metzenbaum (D-OH) --- [BonkNote]
- 2004 - AP - Universal Life Insurance - Aspects of the Cash Value Development, by Martin Birkenheier - 146p