NAIC To Reopen IUL Illustrations Guideline

January 15, 2019 by John Hilton

The National Association of Insurance Commissioners’ effort to create Actuarial Guideline 49 was a lengthy process aimed at getting indexed universal life illustrations under control.

Now, a shade more than three years since AG 49 took effect, it seems the NAIC is ready to tackle it again. An IUL illustration subgroup has a 2019 charge to “provide recommendations for modifications to AG 49 to the Life Actuarial (A) Task Force.”

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Originally Posted at InsuranceNewsNet on January 11, 2019 by John Hilton.