Part 1409 - VALUATION OF LIFE INSURANCE POLICIES INCLUDING THE USE OF SELECT MORTALITY FACTORS

  1. § 1409.10 - Purpose
  2. § 1409.20 - Applicability
  3. § 1409.30 - Definitions
  4. § 1409.40 - General Calculation Requirements for Basic Reserves and Deficiency Reserves
  5. § 1409.50 - Calculation of Minimum Valuation Standard for Policies with Guaranteed Nonlevel Premiums or Guaranteed Nonlevel Benefits (Other Than Universal Life Policies)
  6. § 1409.60 - Calculation of Minimum Valuation Standard for Flexible Premium and Fixed Premium Universal Life Insurance Policies That Contain Provisions Resulting in the Ability of a Policyowner to Keep a Policy in Force Over a Secondary Guarantee Period
  7. § 1409.70 - Use of 2001 CSO Mortality Table
  8. § 1409.80 - Use of 2001 CSO Preferred Class Structure Mortality Table
  9. Appendix A - Select Mortality Factors, version 2
  10. ILLUSTRATION A - Male Aggregate, version 16
  11. ILLUSTRATION B - Male, Non-Smoker, version 6
  12. ILLUSTRATION C - Male, Smoker, version 6
  13. ILLUSTRATION D - Female, Aggregate, version 4
  14. ILLUSTRATION E - Female, Non-Smoker, version 2
  15. ILLUSTRATION F - Female, Smoker, version 3

Current through Register Vol. 46, No. 15, April 8, 2022

Notes

Adopted at 20 Ill. Reg. 12359, effective September 3, 1996; amended at 23 Ill. Reg. 14306, effective January 1, 2000; amended at 28 Ill. Reg. 9262, effective July 1, 2004; amended at 31 Ill. Reg. 14700, effective October 16, 2007; amended at 32 Ill. Reg. 19713, effective January 1, 2009; amended at 34 Ill. Reg. 6865, effective April 29, 2010.

Amended at 42 Ill. Reg. 14225, effective 7/12/2018.

AUTHORITY: Implementing Section 223 and authorized by Section 401 of the Illinois Insurance Code [ 215 ILCS 5/223 and 401 ].

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