AVP Seal Recipients
Congratulations to the Life Plan Communities (CCRCs) awarded the AVP Seal based on their actuarial study results for fiscal year 2019! The AVP Seal is a designation developed by A.V. Powell & Associates to indicate that our client’s actuarial results place them in the top tier among their peer CCRCs during the fiscal year specified. Even though most of our clients are found to be in ASOP#3 satisfactory actuarial balance, typically less than 40% meet the criteria to receive the AVP Seal.
AVP seal recipients for the previous three fiscal years
* (asterisk) means no study authorized for fiscal year. It should be noted that for years with a – (hyphen) that the community may be in ASOP#3 satisfactory actuarial balance, but has not qualified for the AVP Seal.
CAVEATS: Designation with the AVP Seal does not guarantee favorable future financial performance. Instead it reflects a likely projected outcome provided that future experience substantially matches the underlying assumptions. A.V. Powell & Associates makes no warranties that these assumptions will be met; variances from the underlying assumptions may have adverse financial consequences. A.V. Powell & Associates may change the criteria for AVP Seal designation at its sole discretion, in any way that A.V. Powell & Associates sees fit at any time.