The insurer’s principles or objectives for determining NGEs. For example, the determination policy could include the insurer’s governing principles and requirements, profitability objectives, capital objectives, guidelines for drafting policy provisions related to NGEs, principles for addressing illustration requirements, and requirements for and frequency of reviews of NGEs on in-force products.
Congratulations! You're now Froogled Up™ on Section 2.2 from ASOP 2!
Feel free to use it throughout your financial/insurance life.