Policies
Private Placement
Private Placement PPLI – Private Placement Life Insurance Private Placement Bonds 1997 – SOA – 1986-92 Credit Risk Loss Experience Study: Private Placement Bonds, Society of Actuaries – 104p 2006 – SOA – 1986-2002 Credit Risk Loss Experience Study: Private Placement Bonds, by the Private Placement Committee, Society of Actuaries – 289p
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PPLI – Private Placement Life Insurance
PPLI – Private Placement Life Insurance 2022 0921 – Letter – GOV (Senate) – Ron Wyden (D-OR) Continues Investigation Into Private Placement Life Insurance Schemes – [link] 2022 0921 – Letter- GOV (Senate-Ron Wyden (D-OR) to Prudential Life – re Private Placement Life Insurance (PPLI) – 4p
Read MoreDissimilar Plans
Dissimilar Plans 1988-2, NAIC Proceedings AAA – Report of the Committee on Life Insurance of the American Academy of Actuaries on the NAIC Life Insurance Yield Comparison Index N. Dissimilar Plans It is a well known caveat that dissimilar plans should not be compared by using the typical cost comparison indices, e.g. IAC or Interest Adjusted…
Read MoreCoupon Policies
Coupon Policies The other approach to building your own sales force, in contrast to this full-scale approach, would be the specialized approach. This could be specializing either by product line or by geographical area. By product line, we mean basically what we all have called “special policies.” Here you can teach the newly recruited man…
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Special Policies 1953 – SOA – Agency Problems–Resulting From Special Policies, Society of Actuaries – 3p
Read MoreSpecialty Policies
Specialty Policies 1953 – SOA – Agency Problems–Resulting From Special Policies, Society of Actuaries – 3p 1963 – LR – Regulation of Speciality Policies in Life Insurance, by Spencer L. Kimball and Jon S. Hanson, 62 Michigan Law Review 167 – 93p 1979 0710 – NP – St. Cloud Times from Saint Cloud, Minnesota on July 10, 1979 …http://sctimes.newspapers.com…
Read MoreComplex Products
Complex Products More complex products sold to individual consumers (e.g., universal life policies) tend to generate more market conduct problems than simple products (e.g., term life insurance). 2003 0701 – Report – For NCOIL – The Path to Reform – The Evolution of Market Conduct Surveillance Regulation, by PricewaterhouseCoopers and Georgia State University – 117p…
Read MoreFund-Based Products
Fund-Based Products Commissioner David Lyons (Iowa) convened the Life Insurance (A) Committee for the purpose of conducting a hearing on the Second Standard Nonforfeiture Law for Life Insurance and the Standard Nonforfeiture Law for Deferred Annuities. Bill Carroll (American Council of Life lnsurance-ACLI) said the ACLI did not believe the life insurance model should be…
Read MorePartial Endowment
Partial Endowment Deposit Term Model Regulation for Partial Endowment type (Deposit Term) – 1980-2, NAIC Proceeedings Ms. Edwards reported that the task force recommended the adoption by the (C3) Subcommittee of the Model Regulation for Partial Endowment type (Deposit Term) policies which was circulated in December, 1979, as an exposure draft. Following discussion and upon a…
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