Games

Games

MR. DAVID H. RAYMOND: From several sources I have gotten the opinion that interest rate games used to be almost invincible in the early years of Universal Life.

Partial sophistication now has reduced their effectiveness, so that the emphasis is turning toward cost-of-insurance games.

Almost nobody can understand those yet.

They work wonderfully, at least for the next 10 years.

1992, LIFE INSURANCE SALES ILLUSTRATIONS, Society of Actuaries

11/13/2014 IULWG

Letter – Mike Yanachek

It is my recollection and understanding that AG 49 was created in part due to a problem with ‘gamesmanship’ in IUL illustrations.