Phase two of AG 49 targets projected values, policy loans

December 1, 2015 by Tom Doruska

On March 1, 2016, the second phase of Actuarial Guideline XLIX (AG49) takes effect, further defining — and refining — indexed universal life (IUL) illustration practices. Back in August, I reviewed the first phase of AG49, which brought consistency in illustrated crediting rates. As of March 1, even more changes will be required to help level the playing field among illustrations and provide greater transparency for customers.  Click HERE to read article 

Originally Posted at LifeHealthPro on December 1, 2015 by Tom Doruska.