Universal Life – Advertisements 1990 1022 NP Ad Farm Bureau Insurance Universal Life.PNG 1987, May 28 – NP – Novi News, p3 Sun, Jan 23, 1983 – 34 · The News Leader (Staunton, Virginia) · Newspapers.com

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Life Insurance Buyer’s Guide – LIBG LIBG – VersionsLIBGWG – Life Insurance Buyer’s Guide Working Group – NAICLIOGGWG – Life Insurance Online Guide Working Group (A) – NAIC6 – LIBGBuyer’s Guide SubgroupLIBG – Comparison ChartNon-Guaranteed Elements Work Group – NGEWG – AAAShoppingPolicy PerformanceWhat’s the Problem / Goal?Life Cost Comparison Working Group – NAIC (p43) -…

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SOA – Society of Actuaries Actuarial – Index SOA – Index The work of science is to substitute facts for appearances and demonstrations for impressions.  long-standing motto of the Society of Actuaries The quote is from Mr. John Ruskin’s book, The Stone of Venice, Volume 3, page 36. 2012 – SOA – Substitute One Mis-impression,…

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Adjustable Life Insurance Adjustable Life Descriptions Universal Life as Adjustable Life Universal Life and Adjustable Life are Different Q: What Came First Universal Life or Adjustable Life? 1977 – October – Changing Times – Adjustable Life 1977 10 – Changing Times – Adjustable Life 1982 – Principles of Insurance – Adjustable Life – Rejda –…

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Agents Agents – Index Training, Knowledge, Ethics, Recruitment, Lawsuits, Government Testimony, Academic papers, FSP Paper, No difference how well-intentioned and honest an insurance man’s advice may be it may prove very expensive and harmful if not based on accurate knowledge. (p28) —  Isaac Miller Hamilton, President of the· Federal Life Insurance Company 1914 – Conference…

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In-Force Illustrations It would be most useful if the updated illustration was designed to fit the needs of the policy owner. The insurer won’t have this information. 1995-1, NAIC Proceedings 2015 0515 – Letter – AXA Equitable, Brian R. Lessing, to NAIC (LATF) However, we believe that all sections of the guideline should apply to all inforce…

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Illustration Illustrations – Index In the January 1987 issue of Insurance Forum Joseph Belth makes the statement : In my opinion, life insurance sales illustrations are out of control. Furthermore, I am not aware of any significant attempts by any insurance organization or by the actuarial profession to deal with the problem. 1987 01 -…

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Legal Cases Legal Cases – Index Andrea v. Metro. Life Ins. Co., No. 00-0911, 2000 WL 35361960, at *2 (D.N.J. Aug. 14, 2000). The actual versus expected performance for some Universal Life policies led to class-action lawsuits that have caused a substantial amount of negative attention to be focused on cash-value life insurance in the…

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Federal Government Bills Government Hearings Congress – FTC – GAO – JCT  National Economic Council President’s  1999 – Leach – GOV – Committee– Sounds like FSOC ffiec.gov/ – Federal Financial Institutions Examination Council CONGRESS 1990s 1991 – How Insurance Laws Are Made: The NAIC and State Adoption of NAIC Laws 1992 – Consumer Disclosure of Insurance …

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