Works

  • 199x - GOV - similar to 1973 LIBG Example - Television?
  • In addition, the insurance buyer can learn more about how the policy benefits may vary by reviewing alternate illustrations that project high and low interest rates.
  • Though not exact and not guaranteed, these projections are of value to the insurance buyer because they demonstrate how the life insurance policy works.

--  Prepared Statement of Brian S. Brown on Behalf of the American Society OF CLU & ChFC

  • x-1993 0525 -  GOV - When Will Policyholders Be Given The Truth About Life Insurance?
    • [PDF-354p-GooglePlay, No Video]->Not on govinfo.gov 
    • SUBCOMMITTEE ON ANTITRUST, MONOPOLIES AND BUSINESS RIGHTS - COMMITTEE ON THE JUDICIARY - SENATE

 

  • 199x - NAIC - Grid? Show how it works?? - Chris Kite
    • P1

      Guaranteed Coverage Period

      x% i, X% CSO 

      Mid-point Coverage Period

      x% i, X% CSO 

      Current Coverage Period

      x% i, X% CSO 

      100      
      200      
      300      
  • 198x? - Wisconsin Buyer's Guide
  • Adjustable Life
  • 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

It has been aptly stated that it is more important for the policyholder to know what he gets than how it works.

  • In that respect, the life insurance buyer can be compared with the purchaser of a television set; he is more interested in what shows up on the tube than what takes place behind it. 

1976-4, NAIC Proc.

1978-GOV-Moss-WI-LIBG-grid-p619