Regulatory Debate [Part 1]: Universal Versus Whole Lifethe consumers and assuming the companies will take care of themselves. Regulation is supposed to be ... international theme and say, "Competition will take care of that to the extent that the consumers want it ...
Description: This first session in the two-part series focuses on Guidelines XYZ and AXXX and their impact on universal life plans with secondary guarantees versus traditional whole life plans. Industry experts – both panelists and audience participants – discuss and debate the necessity for these regulations, the issues surrounding them, and their impact on product design. From the 2002 Record of Society of Actuaries, Volume 28, No. 3. Session 141IF of the Boston Annual Meeting.Hide
- Authors: David Hippen, David Simbro, Michael Scott Smith, Elinor Friedman, Jeffrey M Dube
- Date: Oct 2002
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Universal life