Updated AG 49 Information

“More realistic” guidelines for the illustrations insurers, agents and brokers can use in marketing indexed universal life insurance (IUL) products go into effect September 1st, 2015.

Existing regulations allow companies to determine the maximum illustrated rate of return for IUL products, which in some cases have been as high as 10 percent. The new guideline, known as Actuarial Guideline (AG) 49, will be implemented in two phases with the first going into effect on September 1 and will result in what are being called more reasonable illustrated rates.

To help you prepare, ISN has put together some resources for your review. At the first link below you’ll find a consolidated listing of the major insurance carriers’ individual announcements, including their new maximum illustrated rates. At the second link you’ll find  an informational article at Insurance News Net on the new IUL guidelines.

Carrier AG 49 Bulletins

Insurance News Net Article

Let me know if you have any questions! Thanks!

About Jeffrey Berson

40 years in and around the industry has made Insurance a part of my DNA. I have had the pleasure of working with and for some of the greatest minds in our industry. My "Bersonal" View is an attempt to capture some of the best ideas, the best concepts and the best practices in a way that can lead to success for others. It will certainly be my point of view, so please...don't take it "Bersonal".
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