EBP2366. Insurance Products

The objective of this session is to provide participants with a better understanding of insurance products including guaranteed investment contracts and others backed by the general assets of the insurance providers and separate accounts. The session will cover audit and accounting considerations for both ERISA 103 and Non-ERISA 103 audits. The session will also cover trends and developments related to insurance- and annuity-type products that impact both defined benefit and defined contributions plans.

Learning Objectives:

• Differentiate between insurance products including guaranteed investment contracts and others backed by the general assets of the insurance providers and separate accounts.
• Identify differences in audit and accounting for ERISA 103 and Non-ERISA 103 audits.