To help you understand your life insurance policy, companies provide a permanent life insurance illustration. Here is how to read and understand it.

When you buy a life insurance policy, the agent may show you something called a policy illustration. It’s a page or more of numbers, purporting to show how the policy will work over 20 to 50 ...

The NAIC wrote and adopted the overall life insurance illustration model in an acrimonious process that concluded in 1997, well before IUL existed. Regulators settled on AG 49 in 2015 as the first ...

Companies are not allowed to provide any illustration, including an in-force illustration, that fails either the lapse-support test or the self-support test, according to the model regulation.

He noted that even though IUL illustrations comply with the NAIC’s Life Insurance Illustrations Model Regulation (#582), that model is 30 years old, and it did not contemplate indexed products.

A consumer group is asking state insurance regulators to work in 2020 on making the performance illustration rules for indexed life insurance products more like the illustration rules for indexed ...

Insurance Technologies is the developer of ForeSight®, an enterprise illustration system that has been providing life and annuity carriers robust and highly customizable illustration capabilities ...

This acquisition strengthens Equisoft's U.S. life insurance footprint and addresses the market's demands for an affordable, efficient illustration solution for agents. PHILADELPHIA, Jan. 23, 2025 ...

Leading member-based insurance provider releases cloud-based system to provide advisors with leading edge softwareTORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) -- ProComp Consulting, provider of cloud ...

On October 12th, the NAIC Life Insurance and Annuity (A) Committee’s Indexed Universal Life (IUL) Illustration (A) Subgroup (IUL Subgroup) exposed for comment four options to amend Actuarial ...

Insurance Technologies ForeSight® Wins XCelent Customer Base Award for North American Life Insurance Illustration Systems. December 10, 2020 09:00 AM Eastern Standard Time.