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[lmi-commits] [lmi] master 92a94aa 17/17: Relocate "Defn*"


From: Greg Chicares
Subject: [lmi-commits] [lmi] master 92a94aa 17/17: Relocate "Defn*"
Date: Fri, 25 Sep 2020 17:16:18 -0400 (EDT)

branch: master
commit 92a94aac0d01d7dcf4fc043f940bf7da08b3adf6
Author: Gregory W. Chicares <gchicares@sbcglobal.net>
Commit: Gregory W. Chicares <gchicares@sbcglobal.net>

    Relocate "Defn*"
---
 ill_reg_column_headings.mst | 50 +++++----------------------------------------
 1 file changed, 5 insertions(+), 45 deletions(-)

diff --git a/ill_reg_column_headings.mst b/ill_reg_column_headings.mst
index 88e79a1..0f3ea71 100644
--- a/ill_reg_column_headings.mst
+++ b/ill_reg_column_headings.mst
@@ -30,26 +30,9 @@
 
 <font size="-1">
 
-<!-- PDF !! DefnAV -->
-<p>
-<b>{{AvName}} Value:</b>
-The accumulation at interest of the net premiums paid,
-{{^SinglePremium}}
-less any withdrawals, less any monthly charges deducted.
-{{/SinglePremium}}
-{{#SinglePremium}}
-less any monthly charges deducted.
-{{/SinglePremium}}
-</p>
+{{DefnAV}}
 
-<!-- PDF !! DefnCSV -->
-<p>
-<b>{{CsvName}} Value:</b>
-{{AvName}} Value less {{ContractName}} debt.
-{{#Has1035ExchCharge}}
-  {{CashSurrValueFootnote}}
-{{/Has1035ExchCharge}}
-</p>
+{{DefnCSV}}
 
 {{^IsInforce}}
   <p>
@@ -97,17 +80,7 @@ less any monthly charges deducted.
 {{GuaranteedValuesFootnote}}
 </p>
 
-<!-- PDF !! DefnMec -->
-<p>
-<b>MEC:</b>
-Modified Endowment Contract - this classification is given
-to a {{ContractName}} in violation of TAMRA
-(Technical and Miscellaneous Revenue Act), which limits
-the amount of premium that can be paid into a life
-insurance {{ContractName}}. To the extent of gain in the {{ContractName}}, 
loans,
-distributions and withdrawals from a MEC are subject
-to income tax and may also trigger a tax penalty.
-</p>
+{{DefnMec}}
 
 {{^IsInforce}}
 <p>
@@ -128,22 +101,9 @@ to income tax and may also trigger a tax penalty.
 {{PolicyYearFootnote}}
 </p>
 
-<!-- PDF !! DefnOutlay -->
-<p>
-<b>Premium Outlay:</b>
-The amount of premium assumed to be paid by the {{ContractName}} owner
-or other premium payor.
-</p>
+{{DefnOutlay}}
 
-<!-- PDF !! DefnSpecAmt -->
-<p>
-<b>Selected Face Amount:</b>
-The Selected Face Amount may be decreased upon written application
-satisfactory to {{InsCoName}}. A
-requested decrease is allowed only once per Policy Year, and the
-resulting Selected Face Amount after decrease must meet the
-minimum defined in your {{ContractName}}.
-</p>
+{{DefnSpecAmt}}
 
 {{SinglePremiumFootnote}}
 



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