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  • Results of Universal Life, Indexed Universal Life and Variable Universal Life Survey
    These products comprise about 40% of the total individual life market, and the survey covers a range of ... interest to a large portion of the life industry. table { text-transform: uppercase; } By Carl Friedrich ...

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    • Authors: Carl Friedrich, Michelle Krysiak
    • Date: Oct 2022
    • Competency: Communication; External Forces & Industry Knowledge; Strategic Insight and Integration
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Underwriting - Life Insurance; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Investment strategy - Life Insurance; Life Insurance>Marketing and distribution - Life Insurance; Life Insurance>Accelerated underwriting; Life Insurance>Simplified issue
  • Do You Have a Combo Product With a Secondary Guarantee? If so, Get Ready for PBR
    products fit in the new statutory valuation framework? Valuation Manual;Principles-based approach=PBA;Principles-based ... insurance=LCTI;Long-term care reserves;Long-term care=LTC;Life valuation;Chronic Illness Riders;Linked-benefit Products ...

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    • Authors: Kevin Healy, Benjamin Slutsker
    • Date: Jun 2017
    • Competency: Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Long-term Care>Long-term care insurance
  • Nontraditional Guarantees on Life and Annuity Products
    Nontraditional Guarantees on Life and Annuity Products Portion of the introduction ... Annuity Products Portion of the introduction and the table of contents to the full paper entitled “Nontraditional ...

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    • Authors: John P Glynn, Victoria L Pickering
    • Date: Dec 2005
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Product Matters!
    • Topics: Annuities>Guaranteed living benefits; Life Insurance>Secondary guarantees
  • Results of Universal Life, Indexed Universal Life, and Variable Universal Life Survey
    products have played a significant role in the individual life insurance market for many years. In the ... (based on annualized YTD 9/30/20 sales) for total individual UL, ULSG, and CAUL. For AccumUL, sales decreased ...

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    • Authors: Susan Saip
    • Date: Aug 2021
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Underwriting - Life Insurance; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Investment strategy - Life Insurance; Life Insurance>Capital - Life Insurance; Life Insurance>Accelerated underwriting; Life Insurance>Simplified issue
  • Insights in Life PBR Practices
    Insights in Life PBR Practices Mandatory implementation of life principle-based reserves (PBR) ... than 40 participants covering 85 percent of the individual life market, including 23 of the top 25 life ...

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    • Authors: Kevin Carr, Dylan Strother, Chris Whitney, Haley Christine Jeorgesen , Simon Gervais
    • Date: Sep 2019
    • Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
    • Publication Name: Product Matters!
    • Topics: Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Term life; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Whole life
  • Insights Into Life PBR Emerging Practices
    READINESS IS HIGHEST FOR TERM, FOLLOWED BY ULSG Table 1 summarizes the percentage of participants that ... PBR across product types as of year-end 2017. Table 1 Percentage of Participants That Have Analyzed ...

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    • Authors: Kevin Carr, Andrew Radel, Chris Whitney
    • Date: May 2019
    • Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
    • Publication Name: Product Matters!
    • Topics: Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Term life; Life Insurance>Universal life; Life Insurance>Whole life; Reinsurance>Life reinsurance
  • Universal Life and Indexed Universal Life Survey: Results
    products continue to play a significant role in the individual life insurance market. According to LIMRA, for ... sales to annualized YTD 9/30/19 sales. Total individual UL sales decreased 31 percent, with 14 of the ...

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    • Authors: Susan Saip
    • Date: Aug 2020
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Underwriting - Life Insurance; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Capital - Life Insurance; Life Insurance>Accelerated underwriting; Life Insurance>Simplified issue
  • SEAC Secondary Guarantees Debate
    feiture law (SNFL) requires. Except for New York, individual state nonforfei- ture laws are not materially ... December 1999 PRODUCT DEVELOPMENT NEWS from the Individual Life Insurance and Annuity Product Development ...

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    • Authors: Society of Actuaries
    • Date: Dec 1999
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Secondary guarantees
  • 2009 Policyholder Behavior in the Tail Study Results for Universal Life Products with Secondary Guarantees
    regulators. It is impor- tant to note that all individual company responses to our surveys are kept confidential ... income election may be the following: The above table highlights three points of interest: i. Lapse rates ...

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    • Authors: James Reiskytl
    • Date: Oct 2010
    • Competency: External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Secondary guarantees