[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
[lmi-commits] [lmi] master 5c8e544 2/2: Move uniform "Fn" strings out of
From: |
Greg Chicares |
Subject: |
[lmi-commits] [lmi] master 5c8e544 2/2: Move uniform "Fn" strings out of MFT into product files |
Date: |
Thu, 24 Sep 2020 14:15:07 -0400 (EDT) |
branch: master
commit 5c8e5442fb98ab950557c700a70a13d820cfe933
Author: Gregory W. Chicares <gchicares@sbcglobal.net>
Commit: Gregory W. Chicares <gchicares@sbcglobal.net>
Move uniform "Fn" strings out of MFT into product files
Others vary by product, and are thus more complicated; they'll be dealt
with soon.
---
finra_notes1.mst | 5 +---
finra_notes2.mst | 36 ++---------------------
ill_reg_narr_summary.mst | 28 ++++--------------
ill_reg_narr_summary2.mst | 70 +++-----------------------------------------
reg_d_group_narr_summary.mst | 3 +-
reg_d_indiv_notes1.mst | 6 +---
6 files changed, 14 insertions(+), 134 deletions(-)
diff --git a/finra_notes1.mst b/finra_notes1.mst
index b14687d..a29464a 100644
--- a/finra_notes1.mst
+++ b/finra_notes1.mst
@@ -53,11 +53,8 @@ and may also trigger a penalty tax.
</p>
{{/IsInforce}}
-<!-- PDF !! FnDacTax -->
-<!-- The phrase "tax charge" is unclear. Probably the DAC tax is meant. -->
<p>
-No tax charge is made to the Separate Account. However,
-such a charge may be made in the future.
+ {{FnDacTax}}
</p>
<!-- PDF !! FnNotTaxAdvice -->
diff --git a/finra_notes2.mst b/finra_notes2.mst
index 7a5599c..ade424a 100644
--- a/finra_notes2.mst
+++ b/finra_notes2.mst
@@ -138,36 +138,9 @@ The state of issue is {{StateOfJurisdiction}}.
</p>
{{#IsInforce}}
-<!-- PDF !! Combine FnInforceAcctVal and FnInforceTaxBasis -->
<p>
- This illustration assumes a beginning account value of
- ${{InforceTotalAV}},
- and a beginning cost basis of
- ${{InforceTaxBasis}},
- based on the last monthly calculation date,
- {{InforceAsOfDate}}.
- The current account value and cost basis may be higher or lower.
- Consult the Home Office if you require further information.
+ {{FnInforceAcctVal}}
</p>
-<!--
- PDF !! THESE ARE TO BE COMBINED:
- PDF !! FnInforceAcctVal
- <p>
- This illustration assumes a beginning account value of
- ${{InforceTotalAV}}
- as of {{InforceAsOfDate}},
- the end of the last completed {{ContractName}} month.
- </p>
- PDF !! FnInforceTaxBasis
- <p>
- This illustration assumes a beginning cost basis of
- ${{InforceTaxBasis}}
- as of {{InforceAsOfDate}},
- the end of the last completed {{ContractName}} month;
- the actual cost basis may be higher or lower.
- Consult the Home Office for cost basis information.
- </p>
--->
{{/IsInforce}}
{{#CallGuarUwSubstd}}
@@ -176,13 +149,8 @@ The state of issue is {{StateOfJurisdiction}}.
<p align="center"><b>GUARANTEED PRINCIPAL ACCOUNT</b></p>
-<!-- PDF !! FnGeneralAccount -->
<p>
-The Guaranteed Principal Account (GPA) has a guaranteed
-minimum annual interest rate of
-{{InitAnnGenAcctInt_Guaranteed}}.
-Guarantees are based on the claims-paying ability of the
-issuing company or companies.
+ {{FnGeneralAccount}}
</p>
<p align="center"><b>SEPARATE ACCOUNT</b></p>
diff --git a/ill_reg_narr_summary.mst b/ill_reg_narr_summary.mst
index 2200a99..5f9b89d 100644
--- a/ill_reg_narr_summary.mst
+++ b/ill_reg_narr_summary.mst
@@ -31,15 +31,9 @@
{{ProductDescription}}
</p>
-<!-- PDF !! FnProposalUnderwriting -->
{{^IsInforce}}
<p>
- Coverage may be available on a Guaranteed Standard Issue basis.
- All proposals are based on case characteristics and must
- be approved by the {{InsCoShortName}}
- Home Office. For details regarding underwriting
- and coverage limitations refer to your offer letter
- or contact your {{InsCoShortName}} representative.
+ {{FnProposalUnderwriting}}
</p>
{{/IsInforce}}
@@ -71,19 +65,10 @@ of the {{ContractName}} year. The method we use to allocate
overhead expenses is the fully allocated expense method.
</p>
-<!-- PDF !! FnGuaranteedPremium -->
{{^SinglePremium}}
- <p>
- In order to guarantee coverage to age {{EndtAge}},
- {{InitEeModeWithIndefiniteArticle}}
- premium of ${{GuarPrem}} must be paid.
- This amount is based on the guaranteed monthly charges
- and the guaranteed interest crediting rate.
- {{#DefnLifeInsIsGPT}}
- This premium may be in excess of the maximum premium allowable
- in order to qualify this {{ContractName}} as life insurance.
- {{/DefnLifeInsIsGPT}}
- </p>
+<p>
+ {{FnGuaranteedPremium}}
+</p>
{{/SinglePremium}}
<!-- PDF !! LoanFootnote -->
@@ -146,11 +131,8 @@ The definition of life insurance for this {{ContractName}}
is the
{{/DefnLifeInsIsGPT}}
</p>
-<!-- PDF !! FnOmnibusDisclaimer -->
<p>
-This is an illustration only. An illustration is not intended
-to predict actual performance. Interest rates
-and values set forth in the illustration are not guaranteed.
+ {{FnOmnibusDisclaimer}}
</p>
<p>
diff --git a/ill_reg_narr_summary2.mst b/ill_reg_narr_summary2.mst
index 384ae82..56bb3b1 100644
--- a/ill_reg_narr_summary2.mst
+++ b/ill_reg_narr_summary2.mst
@@ -75,53 +75,19 @@ The loan interest rate is fixed at
{{MaxAnnCurrLoanDueRate}} per year.
The state of issue is {{StateOfJurisdiction}}.
</p>
-<!-- PDF !! FnInitialSpecAmt -->
<p>
-This illustration assumes an initial Selected Face Amount of
-${{InitBaseSpecAmt}}. Selected Face
-Amount reductions assumed in this illustration (if any) are shown
-in the Tabular Detail.
+ {{FnInitialSpecAmt}}
</p>
{{#IsInforce}}
-<!-- PDF !! Combine FnInforceAcctVal and FnInforceTaxBasis -->
<p>
- This illustration assumes a beginning account value of
- ${{InforceTotalAV}},
- and a beginning cost basis of
- ${{InforceTaxBasis}},
- based on the last monthly calculation date,
- {{InforceAsOfDate}}.
- The current account value and cost basis may be higher or lower.
- Consult the Home Office if you require further information.
+ {{FnInforceAcctVal}}
</p>
-<!--
- PDF !! THESE ARE TO BE COMBINED:
- PDF !! FnInforceAcctVal
- <p>
- This illustration assumes a beginning account value of
- ${{InforceTotalAV}}
- as of {{InforceAsOfDate}},
- the end of the last completed {{ContractName}} month.
- </p>
- PDF !! FnInforceTaxBasis
- <p>
- This illustration assumes a beginning cost basis of
- ${{InforceTaxBasis}}
- as of {{InforceAsOfDate}},
- the end of the last completed {{ContractName}} month;
- the actual cost basis may be higher or lower.
- Consult the Home Office for cost basis information.
- </p>
--->
{{/IsInforce}}
-<!-- PDF !! FnCensus -->
-<!-- There is no "attached census". -->
{{#Composite}}
<p>
- Please see the attached census, listing the face amounts,
- underwriting classes and issue ages for individual participants.
+ {{FnCensus}}
</p>
{{/Composite}}
@@ -133,37 +99,9 @@ in the Tabular Detail.
<p>{{GuarIssueDisclaimerMd}}</p>
{{/StateIsMaryland}}
-<!-- PDF !! Fn1035Charge -->
{{#Has1035ExchCharge}}
<p>
- {{^SinglePremium}}
- Upon surrender of this {{ContractName}}, where the surrender
- proceeds are intended to be applied to an insurance policy
- or certificate issued in conjunction with an intent
- to qualify the exchange as a tax free exchange
- under Section 1035 of the Internal Revenue Code,
- we may assess an Exchange Charge. The Exchange Charge
- is the greater of the Market Value Adjustment Charge
- and the Percentage of Premium Charge. In the states
- of Florida or Indiana, the Exchange charge
- (referred to as Assignment Charge in Florida)
- will be the Percentage of Premium Charge only.
- The Exchange Charge will potentially reduce
- the surrender proceeds, but will never increase
- the surrender proceeds. Please refer to your {{ContractName}}
- for details.
- {{/SinglePremium}}
- {{#SinglePremium}}
- Upon surrender of this {{ContractName}}, where the surrender proceeds
- are intended to be applied to an insurance policy
- or certificate issued in conjunction with an intent
- to qualify the exchange as a tax free exchange
- under Section 1035 of the Internal Revenue Code (1035
- Exchange), we may assess an Exchange Charge. The Exchange
- Charge will potentially reduce the surrender proceeds,
- but will never increase the surrender proceeds.
- Please refer to your {{ContractName}} for details.
- {{/SinglePremium}}
+ {{Fn1035Charge}}
</p>
{{/Has1035ExchCharge}}
diff --git a/reg_d_group_narr_summary.mst b/reg_d_group_narr_summary.mst
index 4d02446..598fdd7 100644
--- a/reg_d_group_narr_summary.mst
+++ b/reg_d_group_narr_summary.mst
@@ -34,9 +34,8 @@
<u>Stable Value Feature</u> {{StableValueFootnote}}
</p>
-<!-- PDF !! FnInitialDbo -->
<p>
-This illustration assumes Initial Death Benefit Option {{InitDBOpt}}.
+ {{FnInitialDbo}}
</p>
<!-- PDF !! FnPpAccreditedInvestor -->
diff --git a/reg_d_indiv_notes1.mst b/reg_d_indiv_notes1.mst
index 8d7db3a..fa03479 100644
--- a/reg_d_indiv_notes1.mst
+++ b/reg_d_indiv_notes1.mst
@@ -135,12 +135,8 @@ willing to represent as such to {{InsCoShortName}}.
<b>Policy Year:</b> {{PolicyYearFootnote}}
</p>
-<!-- PDF !! FnPpLoads -->
<p>
-<b>Premium Loads:</b> The applicable state premium tax, deferred acquisition
-cost tax charge, sales load (if any), separate account administrative charge
-(if any), and other charges incurred as a result of retaining an unaffiliated
-money manager (if any).
+<b>Premium Loads:</b> {{FnPpLoads}}
</p>
<p>