Project - Life Insurance Buyer's Guide (LIBG) - Universal Life - 198x v 199x

One kind of flexible premium Policy, often called universal life, lets you vary your premium payments every year and even skip a payment if you wish. 

  • The premiums you pay (less expense charges) go into policy account that earns interest and charges for the insurance are deducted from the account.
  • Here, insurance continues as long as there is enough money in the account to  pay the insurance charges.

1984-1995 - NAIC Life Insurance Buyer's Guide - Written by the ACLI

  • 1983 - NAIC / ACLI - Revised Draft Life Insurance Buyers Guide (LIBG) - 10p
  • 1993 - NAIC / ACLI - Life Insurance Buyers Guide (LIBG) - 5p

 

 

 

1996-1 NAC Proc. - Mr. Dunlap said that a small group consisting of Mr. Higgins, Brenda Cude  (University of Illinois Cooperative Extension Service), and Chris Kite (FIPSCO) and himself had rewritten the buyer's guide (Attachment One-C).