19 Miss. Code. R. 2-13.08 - Standards for Supplemental Illustrations

A. A supplemental illustration may be provided so long as:

1. It is appended to, accompanied by or preceded by as basicIllustration that complies with this regulation.

2. The non-guaranteed elements shown are not more favorable to the policy owner that the corresponding elements based on the scaleused in the basic illustration.

3. It contains the same statement required of a basic illustration that non-guaranteed elements are not guaranteed; and

4. For a policy that has a contract premium, the contract premiumunderlying the supplemental illustration is equal to the contractpremium shown in the basic illustration. For policies that do notrequire a contract premium, the premium outlay underlying the supplemental illustration shall be equal to the premium outlayshown in the basic illustration.

B. The Supplemental illustration shall include a notice referring to the basicillustration for guaranteed elements and other important information.

Notes

19 Miss. Code. R. 2-13.08

Miss. Code Ann. §§ 83-5-37; 83-5-1 (Rev. 2011)