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7702 Carrier Updates

changes will allow products to accept larger premium amounts and to accumulate more cash value while maintaining a lower death benefit.

Changes to Section 7702

…the tax code that will reduce the minimum interest rate assumptions insurance companies may use.

spread it out

…carriers are also looking to spread out their risk and keep costs down.

Illustration Regulation AG 49A

The National Association of Insurance Commissioners (NAIC) has issued Actuarial Guideline 49-A (AG49-A) containing updated rules for illustrations of indexed universal...
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