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  • New Flexibility for VUL Product Design in New York StateSurrender Charge Limits Revisited
    New Flexibility for VUL Product Design in New York StateSurrender Charge Limits Revisited The ... surrender charge limitations specified in New York’s Regulation 77 which increases the maximum allowable ...

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    • Authors: Robert Hafner
    • Date: Aug 2001
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Universal life
  • Product Development News, August 2001, Issue No. 51
    immediate, i.e., a x+t:15-t /a x:15] “based on the mortality table and interest rate used in calculating the net ... made to date against the policy value. For these annuity values, x is the age at which the surren- der charge ...

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    • Authors: Matthew Easley, Stephen A J Sedlak, Robert Hafner
    • Date: Aug 2001
    • Publication Name: Product Matters!