IUL is the most recent generation of UL insurance products to come along since UL was introduced in 1978. Variable universal life — a security — became popular in the late 1980s, and then ...

The life insurance industry continues to be deeply divided over the content of illustrations agents use in selling indexed universal life insurance (IUL). The differences are outlined in comments ...

Indexed universal life insurance ... For example, if you’re getting ... If you’re considering buying an IUL policy, check the policy illustration for the cash value projections and other ...

The mandate: The IUL Illustration subgroup working on tightening AG 49 was thrown a curveball in October when the Life Actuarial Task Force sent this mandate to members: ... for example, said ...

In one example, the illustrated rates of one "major indexed universal life issuer" for 2017 are 35.21% to 49.53% lower than the equivalent S&P 500 total return, according to calculations made by ...

FIA illustrations—and indexed universal life illustrations, for that matter—use historical returns to project the future. ... For example, in one product illustration that I reviewed, ...

For example, insurers using the S&P 500 in an illustration could have a 300-basis-point variation in their projections, “and you would expect them to be similar,” Mr. Rybka said.

NAIC Actuarial Guideline 49 was introduced to provide uniform guidance to indexed universal life illustrations.

Policy illustrations play a key role in projecting the future costs and benefits of a life insurance policy.