Actuarial Guideline 49 – IUL Illustration Changes
On September 1, 2015 the first phase of AG 49 will take effect enforcing new restrictions on maximum illustrated rates of Indexed Universal Life products. All companies will use the same benchmark based on S & P 500 annual point to point performance to calculate maximum illustrative rates for individual products and index strategies based on their specific segment caps, floors, and participation rates. In March of 2016, additional regulations will be implemented regarding participating policy loan illustration and supplementary alternative disclosures included in the full illustration package. Please click here for more details.
See below for individual carrier announcements and illustration rate changes.
- American General
- American National
- John Hancock
- Lincoln National
- Minnesota Life
- North American