Starters - It will take a lot of work

Bart Munson (William M. Mercer Inc.) noted that life insurance disclosure issues have been the subject of ongoing debate for
years and that extensive work occurred in the mid-1970s.

  • He noted that while he is in favor of addressing the current problems associated with policy illustrations, he cautioned that it could be an extremely challenging and time-consuming effort.

1993-1B, NAIC Proceedings