Changes to Impact Indexed Universal Life Illustrations Effective May 1, 2023
The indexed universal life (IUL) market is again impacted by new regulation which goes into effect May 1, 2023. Actuarial Guideline 49-B (AG 49-B) is the newest revision by the National Association of Insurance Commissioners (NAIC) in an effort show realistic policy performance returns and curb the aggressive hypothetical returns of bonuses and multipliers on […]