Creating the life illustration regulation was a lengthy, acrimonious process before the NAIC adopted it in 1995. Regulators opted for a "quick fix," which became AG 49-B.

The NAIC's Indexed Universal Life Illustration Subgroup hinted at a full illustrations rework late in 2022, ... or goals, in the fall with no mention of a different strategy toward illustrations.

Life insurance isn’t a “set it and forget it” deal. An in-force illustration helps you track your policy’s performance, revealing whether your coverage is on track — or if adjustments ...