Yield Index

3. Make Recommendations on Optional Form of the Life Insurance Disclosure Model Regulation with Yield Index
Mr. Foley explained that the concept of a yield index was very popular in the 1970s and early 1980s. At that time the NAIC
adopted a model regulation with an Optional Form of the Life Insurance Disclosure Model Regulation with Yield Index.
California was the only state that adopted the Yield Index and Mr. Summers noted that it has since been repealed. Mr. Foley
noted that when the Life Insurance Disclosure Model Regulation was revised at the Summer National Meeting, all references to
indices were deleted. Mr. Batte moved, and Mr. Hartnedy seconded a motion to delete the Optional Form of Life Insurance
Disclosure Model Regulation with Yield Index from the list of official NAIC model laws. The motion passed.

2000-3, NAIC Proceedings