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Making Insurance Illustrations Easier to Understand
Oleh:
Katz, Jordon R.
;
Allegretti, Carl S.
;
Kosierowski, F. Mark
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 183 no. 4 (1997)
,
page 45-52.
Topik:
INSURANCE
;
insurance illustrations
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Two organizations are trying to improve both the quantity and the quality of information a client receives when considering the purchase of a life insurance policy. The National Association of Insurance Commissioners (NAIC) has adopted the Life Insurance Illustrations Model Regulation, which mandates what must be included in an insurance illustration and how insurance agents can use illustrations in the sales process. The American Council of Life Insurance (ACLI) has formed the Insurance Marketplace Standards Association (IMSA), a self - regulatory organization to promote the ACLI s principles of ethical market conduct. These steps, which are intended to curb the abuses of the past, should make it easier for CPA s to answer client questions about proposed coverage.
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