If there is a better way, let it be sought and may it be found -- and let it be to the credit of our industry that we are the ones to find it and to provide it for the consumer.
-- WILFRED A. KRAEGEL
1975 - ORDINARY---NEW PRODUCTS, Society of Actuaries
I'd like to stress that agents don't pretend to know the answers.
It is our intent to ask for your <actuaries> help because we're currently living with problems that lack solutions."
-- Robert Nelson, chairperson of the National Association of Life Underwriters (NALU) Task Force on Illustrations
1993 -SALES ILLUSTRATIONS - WE CAN'T LIVE WITH THEM, BUT WE CAN'T LIVE WITHOUT THEM!, Society of Actuaries
Actuaries can do lots of things. We can provide the field with a clear description of the policy and how it works.
-- BRUCE E. BOOKER (a member of the American Council of Life Insurance (ACLI) Task Force on Cost Disclosure and the National Association of Insurance Commissioners (NAIC) Advisory Group on Illustrations
1993 - SALES ILLUSTRATIONS - WE CAN'T LIVE WITH THEM, BUT WE CAN'T LIVE WITHOUT THEM!, Society of Actuaries