[lmi-commits] [lmi] master e605bc6 1/2: Eradicate bogus complexity in a footnote

[Greg Chicares]

branch: master
commit e605bc69cb1ddab8c51acf74cc914daf53df162a
Author: Gregory W. Chicares <address@hidden>
Commit: Gregory W. Chicares <address@hidden>

    Eradicate bogus complexity in a footnote
    
    The NAIC illustration reg, (7)(B)(2), says:
    
    "For a policy that does not require payment of a specific contract
    premium, the illustration shall show the premium outlay that must
    be paid to guarantee coverage for the term of the contract, subject
    to maximum premiums allowable to qualify as a life insurance policy
    under the applicable provisions of the Internal Revenue Code"
    
    That guaranteed premium may be zero. In that case: formerly, this
    footnote said "a [modal] premium is defined", which fails to "show
    the premium outlay that must be paid" as the regulation requires.
    
    In this test case:
      File | New | Illustration
      "Policy": sample2_naic
      "Effective date": one year before today
      "General account value": 500000
      OK
    this guaranteed premium is indeed zero. For this million-dollar policy
    with a half-million-dollar account value, coverage is guaranteed for
    the full term of the contract, even if no further premium is paid.
---
 ill_reg_narr_summary.mst | 5 -----
 pdf_command_wx.cpp       | 5 -----
 2 files changed, 10 deletions(-)

diff --git a/ill_reg_narr_summary.mst b/ill_reg_narr_summary.mst
index a055dbc..8513cb9 100644
--- a/ill_reg_narr_summary.mst
+++ b/ill_reg_narr_summary.mst
@@ -72,12 +72,7 @@ overhead expenses is the fully allocated expense method.
     <p>
     In order to guarantee coverage to age
     {{EndtAge}}, {{ErModeLCWithArticle}} premium
-    {{#HasGuarPrem}}
     of ${{GuarPrem}} must be paid.
-    {{/HasGuarPrem}}
-    {{^HasGuarPrem}}
-    is defined.
-    {{/HasGuarPrem}}
     This amount is based on the guaranteed monthly charges
     and the guaranteed interest crediting rate.
     {{#DefnLifeInsIsGPT}}
diff --git a/pdf_command_wx.cpp b/pdf_command_wx.cpp
index 60d30fe..29b37b1 100644
--- a/pdf_command_wx.cpp
+++ b/pdf_command_wx.cpp
@@ -2257,11 +2257,6 @@ class pdf_illustration_naic : public pdf_illustration
             );
 
         add_variable
-            ("HasGuarPrem"
-            ,invar.GuarPrem != 0
-            );
-
-        add_variable
             ("StateIsIllinois"
             ,state_of_jurisdiction == "IL"
             );