Description: This 1978 session focused on individual life product development. Topics included: 1. Policy loan rate considerations 2. Federal Income Tax considerations 3. Inflation recognition 4. Determining interest rate for nonforfeiture values and reserves 5. Reserve valuation method impact 6. Innovation in asset share techniques 7. State approvals and disapprovals 8. Disclosure 9. New products - Term insurance plus deposit funds, Contingent Life, Joint Life, Pension Trust, etc.