AG 49A Goes Into Effect Dec. 14 On IUL Illustrations

December 16, 2020 by John Hilton

State insurance regulators resolved a final timing issue Thursday with rule changes designed to tighten up indexed universal life illustrations. But the vote renewed old divisions over the changes.

The National Association of Insurance Commissioners’ Executive Committee and Plenary adopted Actuarial Guideline 49 updates in August after a long process.

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Originally Posted at InsuranceNewsNet on December 10, 2020 by John Hilton.