The Life and Health Actuarial Task Force has posted a proposed version of the 2010 Generally Recognized Expense Table factors.

The LHATF, an arm of the National Association of Insurance Commissioners, Kansas City, Mo., has posted a draft of the 2010 table on its section of the NAIC website. Actuaries use GRET factors tables when preparing illustrations of how products might perform over time.

This year, for example, the GRET factors set the acquisition per policy cost at $59 for a policy sold through a branch office and $110 for a policy sold through a direct marketing program.

In 2010, the acquisition per policy cost would increase to $61 for a policy sold through a branch office but fall to $99 for a policy sold through direct marketing.

The expense factor for selling a policy through a multiline marketer would increase to $122, from $113.