Index-Linked Variable Annuity (ILVA)/Registered Index-Linked Annuity (RILA) Policy Paper

The Index-Linked Variable Annuity Subcommittee released the Index-Linked Variable Annuity (ILVA)/Registered Index-Linked Annuity (RILA) Policy Paper, a policy paper that presents a description of definitions, relevant product considerations, and practices believed to be commonly used by actuaries employed by life insurance companies issuing RILA/ILVA products in the United States.