IUL illustration rules update from "Lexology" website:
[I]On July 27, 2016, the Life Insurance and Annuities (A) Committee adopted revisions to Actuarial Guideline 49 (AG 49) to address situations where indexed universal life (IUL) insurance policies make available multiple index account options with different account charges (the dual account issue)...
...multiple index account options in the same IUL policy have been treated differently from multiple IUL policies each with an index option and some believe IUL policies with dual or multiple index account options had been disadvantaged u
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[I]On July 27, 2016, the Life Insurance and Annuities (A) Committee adopted revisions to Actuarial Guideline 49 (AG 49) to address situations where indexed universal life (IUL) insurance policies make available multiple index account options with different account charges (the dual account issue)...
...multiple index account options in the same IUL policy have been treated differently from multiple IUL policies each with an index option and some believe IUL policies with dual or multiple index account options had been disadvantaged u
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