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NAIC Indexed Universal Life Illustration Subgroup solicits comment on options to revise Actuarial Guideline 49-A and to open NAIC Life Insurance Illustrations Model Regulation (#582) to revision | Eversheds Sutherland (US) LLP

On October 12th, the NAIC Life Insurance and Annuity (A) Committee’s Indexed Universal Life (IUL) Illustration (A) Subgroup (IUL Subgroup) exposed for comment four options to amend...
United States Sherylj Moore Michael Yanacheak Fred Andersen Bobby Samuelson Lincoln National Life Insurance Company

A Small Tax Change Is a Boon for Permanent Life Insurance

A Small Tax Change Is a Boon for Permanent Life Insurance Insurers worried that a government rule from 1984 threatened certain products—and sought Washington’s help A change by Congress will generally increase the amount of money that policyholders can contribute to their so-called cash-value accounts. Photo: Samuel Corum/Bloomberg News By Jan. 10, 2021 8:00 am ET Federal lawmakers’ big year-end spending package includes a little-noticed revisio...
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Source: wsj.com

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