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IUL Illustration (A) Subgroup
2019 Membership

2019 Charge:

The IUL Illustration (A) Subgroup will:

  1. Consider enhancements to Actuarial Guideline XLIX—The Application of the Life Illustrations Model Regulation to Policies with Indexed-Based Interest (AG 49). Provide recommendations for modifications to AG 49 to the Life Actuarial (A) Task Force.
Calendar
IUL Illustration (A) Subgroup

Conference Call
Monday, September 16, 2019
1:00 PM ET, 12:00 PM CT, 11:00 AM MT, 10:00 AM PT
Expected Length of Call: 1 hr

Discuss comments received on the two questions exposed at the Summer NAIC Meeting:

  • Should a product with a multiplier feature illustrate a higher scale than a product without multiplier features?
  • To what extent should the 145% disciplined current scale factor apply to charges supporting bonuses and multipliers?
Education & Training Events

There are no education and training events at this time.

Related NAIC Publications

Draft meeting minutes are available free for meeting attendees 10 business days after a national meeting concludes, using the User ID and Password supplied by the NAIC. Regulators may access minutes via StateNet.
Final committee minutes and Proceedings of the NAIC are available to non–attendees, after adoption at the next national meeting, for free in the PDF format through the NAIC Products & Services website.

Contacts

Media Inquiries
(816) 783-8909
news@naic.org

Reggie Mazyck
Life Actuary 
Phone: 202-471-3991

Please see the current Committee List for a complete list of committee members.

 

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