SUMMARY

The Fund provides low-cost life insurance to Wisconsin residents and is self-funded through insurance premiums and investment earnings. For the years we reviewed, its financial statements were fairly presented in accordance with accounting practices prescribed by the Commissioner of Insurance. The ratio of the Fund's surplus to its assets, which was 11.0 percent, as of December 31, 2012, was above the statutorily specified range of 7.0 percent to 10.0 percent.