In August 2015, the NAIC approved New Illustration Actuary Certifications under The Application of the Life Illustrations Model Regulation to Policies with Index-Based Interest (AG49). Because of the implementation of AG49, FGL was required to make changes to how FIUL products are illustrated. On September 1, 2015, FGL implemented Phase 1 of the required changes by updating the maximum illustrated rates. Phase 2 of AG49 will be effective March 1, 2016.
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