b'Protecting the Integrity of UnderwritingOur industrys products allow people to pool together to manage their own risk. The process of risk classification groups applicants with others who share similar risk profiles, allowing for coverage at fair and affordable rates. Its a practice that is crucial to the underwriting processand to keeping insurance accessible. In 2019, bills affecting risk classification practices surfaced in 32 state legislatures. Some challenged a fundamental life insurance industry practice: the ability to review relevant information needed to determine applicants risk profiles. This type of approach would result in less affordable coverage for all. Through our advocacy efforts, bills in 13 states that would have jeopardized fundamental risk classification principles were amended at the request of ACLI so we could actually support their passage. ACLI blocked unfavorable legislation in 19 additional states. In Delaware and Florida, we stopped bills in the state legislature that would have prohibited life insurers and long-term care insurers from considering genetic information and the results of genetic tests in the underwriting process.Reinsuring Our Risk Life insurance The business of reinsurance allows life insurers to share risk with othercompanies and insurersthereby allowing companies to extend their services to moreapplicants need people in need of financial protection products. We worked with individualto be on the state insurance commissioners to develop model regulation that protects life insurers ability to reinsure their risk. Moving forward, well work with thesame page.individual states on adopting the new regulation.Preserving a companysEducating Policymakers93 %ability to accurately assessWeve developed an integrated risk through sound actuarialadvocacy plan to better educate principles is essential to thelegislators and regulators in targeted practice of underwritingof people qualify states where theres a fundamental and a system thats fair formisunderstanding of how life insur- for life insurance all consumers.ance companies classify risk and, incoverage the first turn, help individuals manage risk fortime they applythemselves and their families.16 ThCe ALIm2e0ri1c9 Aan CNNouUnAcL Ril oEf LVIiEfe IWnsurers 2019 Annual ReviewA'