Deal Reached On Proposed IUL Illustrations - INN

Deal Reached On Proposed IUL Illustrations



[QUOTE]The coalition of insurers led by MetLife also includes Northwestern Mutual and New York Life.



It is expected that the current proposal would result in crediting rates in the 6 to 7 percent range and put limits on loan leveraging.



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Under the proposed phase-in, provisions dealing with currently payable scale methodology, as well as the so-called “guardrail” that limits the expected yield that can be of

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