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Guaranteed Withdrawal Benefit (GWB) Illustrations

Release Date: 03/22/2011
Staff Reference: Justin Glinski

Guideline G15

The purpose of this Guideline is to describe the information that should be included in illustrations of IVICs offering guaranteed withdrawal benefits. In particular, the Guideline identifies features that could be misunderstood by consumers or which are affected by consumer decisions and recommends practices to assist in explaining these.