Description: This presentation is an open forum from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss current events in individual life product development, and their impact on product design. Topics include proposed changes to the Standard Nonforfeiture Law for life insurance and annuities, multilife products, product guarantees, and solvency concerns. The Canadian perspective is presented as well. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.