Description: This guide is intended to provide a broad introduction to several performance-oriented products. It distinguishes variable 'equity-linked' life insurance, universal life 'flexible payment and current fixed yields', variable universal life, and current developments in variable annuities 'primarily minimum death benefits'.

Description: This article by the editor discusses responses from readers to The Actuary’s September 1981 Supplement on Universal Life, much of it critical in nature. One responder noted that Universal Life is ‘a symptom of an economy in convulsion,’ and had serious doubts that this product will successfully provided consumers with long term life insurance protection.

Description: This paper describes the application of source of earnings 'SOE' analysis methodology to the reported pre-tax GAAP income of universal life and other interest-sensitive life and annuity products.

Description: This session at the 1982 Society of Actuaries Orlando Spring Meeting offers an update on universal life with respect to product design, pricing, marketing and other issues, based on an industry survey on the topic.

Description: Mortality Credibility and its use within VM-20.