During the December 8 Life Actuarial Task Force& meeting, the Index Universal Life Illustration (A) Subgroup reported on its findings regarding IUL illustrations following the implementation of ...

Equity-indexed universal life insurance, like all universal life insurance, builds a cash value that the insured can borrow against, invest with and use to cover increases in the cost of insurance ...

New rules that go into effect for indexed universal life insurance products next month demonstrate the need for going beyond illustrations when determining a policy's value for a client. The ...

As index universal life (IUL) and index annuity product innovation sprints ahead, regulators, running to catch up, are considering whether changes are needed to the NAIC’s Actuarial Guideline 49 ...

The Indexed Universal Life Illustration Supgroup held a short call last week to restart its discussion on the problematic IUL illustrations. Comprised of National Association of Insurance ...

MONTPELIER, Vt.--(BUSINESS WIRE)--National Life Group, one of the nation’s fastest growing group of life insurance companies, today enhanced its suite of industry-leading indexed universal life ...

While illustrations for indexed universal life policies are now more reasonable following AG 49, they still don't take into account a few key factors, ...

Illustrations for indexed universal life (IUL) products do cap the crediting rates, and that makes use of unusual investment index options rare in the world of IUL products, the center says.

SEATTLE, July 9, 2018 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced the results of its annual comprehensive study of universal life (UL) and ...

The illustration factor is important, he added, because nearly all traditional fixed universal life policies and nearly all indexed universal life policies are sold with an illustration.

The editors of Full Disclosure periodically survey life insurers active in upper markets across a wide range of product specifications, illustrations, guaranteed minimum premiums, and ...