21-044 Code Vt. R. 21-020-044-X - REGULATION 99-3 - VALUATION OF LIFE INSURANCE POLICIES
Section 1 Purpose
A. The purpose of this regulation is to
provide:
(1) Tables of select mortality
factors and rules for their use;
(2) Rules concerning a minimum standard for
the valuation of plans with non-level premiums or benefits; and
(3) Rules concerning a minimum standard for
the valuation of plans with secondary guarantees.
B. The method for calculating basic reserves
defined in this regulation will constitute the Commissioners' Reserve Valuation
Method for policies to which this regulation is applicable.
Section 2 Authority
This regulation is issued under the authority vested in the Commissioner of Banking, Insurance, Securities, and Health Care Administration by 8 V.S.A. § 75 and subchapter 4 of chapter 103 of title 8.
Section 3 Applicability
This regulation shall apply to all life insurance policies, with or without nonforfeiture values, issued on or after the effective date of this regulation, subject to the following exceptions and conditions.
A. Exceptions
(1) This regulation shall not apply to any
individual life insurance policy issued on or after the effective date of this
regulation if the policy is issued in accordance with and as a result of the
exercise of a re-entry provision contained in the original life insurance
policy of the same or greater face amount, issued before the effective date of
this regulation, that guarantees the premium rates of the new policy. This
regulation also shall not apply to subsequent policies issued as a result of
the exercise of such a provision, or a derivation of the provision, in the new
policy.
(2) This regulation shall
not apply to any universal life policy that meets all the following
requirements:
(a) Secondary guarantee period,
if any, is five (5) years or less;
(b) Specified premium for the secondary
guarantee period is not less than the net level reserve premium for the
secondary guarantee period based on the CSO valuation tables as defined in
Section 4F and the applicable valuation interest rate; and
(c) The initial surrender charge is not less
than 100 percent of the first year annualized specified premium for the
secondary guarantee period.
(3) This regulation shall not apply to any
variable life insurance policy that provides for life insurance, the amount or
duration of which varies according to the investment experience of any separate
account or accounts.
(4) This
regulation shall not apply to any variable universal life insurance policy that
provides for life insurance, the amount or duration of which varies according
to the investment experience of any separate account or accounts.
(5) This regulation shall not apply to a
group life insurance certificate unless the certificate provides for a stated
or implied schedule of maximum gross premiums required in order to continue
coverage in force for a period in excess of one year.
B. Conditions
(1) Calculation of the minimum valuation
standard for policies with guaranteed non-level gross premiums or guaranteed
non-level benefits (other than universal life policies), or both, shall be in
accordance with the provisions of Section
6.
(2) Calculation of the minimum valuation
standard for flexible premium and fixed premium universal life insurance
policies, that contain provisions resulting in the ability of a policyholder to
keep a policy in force over a secondary guarantee period shall be in accordance
with the provisions of Section 7.
Section 4 Definitions
F or purposes of this regulation:
A. "Basic reserves" means reserves calculated
in accordance with
8 V.S.A. §
3785.
B. "Contract segmentation method" means the
method of dividing the period from issue to mandatory expiration of a policy
into successive segments, with the length of each segment being defined as the
period from the end of the prior segment (from policy inception, for the first
segment) to the end of the latest policy year as determined below. All
calculations are made using the 1980 CSO valuation tables, as defined in
Subsection F of this section, (or any other valuation mortality table adopted
by the National Association of Insurance Commissioners (NAIC) after the
effective date of this regulation and promulgated by regulation by the
commissioner for this purpose), and, if elected, the optional minimum mortality
standard for deficiency reserves stipulated in Section 5B of this regulation.
The length of a particular contract segment shall be set equal to the minimum of the value t for which G[t] is greater than R[t] (if G[t] never exceeds R[t] the segment length is deemed to be the number of years from the beginning of the segment to the mandatory expiration date of the policy), where G[t] and R[t] are defined as follows:
G[t] = GP[x+k+t]/GP[x+k+t-1]
where:
x = original issue age;
k = the number of years from the date of issue to the beginning of the segment;
t = 1, 2, ...; t is reset to 1 at the beginning of each segment;
GP[x+k+t-1] = Guaranteed gross premium per thousand of face amount for year t of the segment, ignoring policy fees only if level for the premium paying period of the policy.
R[t] = q[x+k+t]/q[x+k+t-1], However, R[t] may be increased or decreased by one percent in any policy year, at the company's option, but R[t] shall not be less than one;
where:
x, k and t are as defined above, and
q[x+k+t-1] = valuation mortality rate for deficiency reserves in policy year k+t but using the mortality of Section 5B(2) if Section 5B(3) is elected for deficiency reserves.
However, if GP[x+k+t] is greater than 0 and GP[x+k+t-1] is equal to 0, G[t] shall be deemed to be 1000. If GP[x+k+t] and GP[x+k+t-1] are both equal to 0, G[t] shall be deemed to be 0.
C. "Deficiency reserves" means the excess, if
greater than zero, of
(1) Minimum reserves
calculated in accordance with
8 V.S.A. section 3788
over
(2)
Basic reserves.
D.
"Guaranteed gross premiums" means the premiums under a policy of life insurance
that are guaranteed and determined at issue.
E. "Maximum valuation interest rates" means
the interest rates defined in
8 V.S.A. section 3784a
that are to be used in determining the minimum standard for the valuation of
life insurance policies.
F. "1980
CSO valuation tables" means the Commissioners' 1980 Standard Ordinary Mortality
Table (1980 CSO Table) without ten-year selection factors, incorporated into
the 1980 amendments to the NAIC Standard Valuation Law, and variations of the
1980 CSO Table approved by the NAIC, such as the smoker and nonsmoker versions
approved in December 1983.
G.
"Scheduled gross premium" means the smallest illustrated gross premium at issue
for other than universal life insurance policies. For universal life insurance
policies, scheduled gross premium means the smallest specified premium
described in Section 7A(3), if any, or else the minimum premium described in
Section 7A(4).
H.
(1) "Segmented reserves" means reserves,
calculated using segments produced by the contract segmentation method, equal
to the present value of all future guaranteed benefits less the present value
of all future net premiums to the mandatory expiration of a policy, where the
net premiums within each segment are a uniform percentage of the respective
guaranteed gross premiums within the segment. The uniform percentage for each
segment is such that, at the beginning of the segment, the present value of the
net premiums within the segment equals:
(a)
The present value of the death benefits within the segment, plus
(b) The present value of any unusual
guaranteed cash value (see Section 6D) occurring at the end of the segment,
less
(c) Any unusual guaranteed
cash value occurring at the start of the segment, plus
(d) For the first segment only, the excess of
the Item (i) over Item (ii), as follows:
(i)
A net level annual premium equal to the present value, at the date of issue, of
the benefits provided for in the first segment after the first policy year,
divided by the present value, at the date of issue, of an annuity of one per
year payable on the first and each subsequent anniversary within the first
segment on which a premium falls due. However, the net level annual premium
shall not exceed the net level annual premium on the nineteen-year premium
whole life plan of insurance of the same renewal year equivalent level amount
at an age one year higher than the age at issue of the policy.
(ii) A net one year term premium for the
benefits provided for in the first policy year.
(2) The length of each segment is determined
by the "contract segmentation method," as defined in this section.
(3) The interest rates used in the present
value calculations for any policy may not exceed the maximum valuation interest
rate, determined with a guarantee duration equal to the sum of the lengths of
all segments of the policy.
(4) For
both basic reserves and deficiency reserves computed by the segmented method,
present values shall include future benefits and net premiums in the current
segment and in all subsequent segments.
I. "Tabular cost of insurance" means the net
single premium at the beginning of a policy year for one-year term insurance in
the amount of the guaranteed death benefit in that policy year.
J. "Ten-year select factors" means the select
factors adopted with the 1980 amendments to the NAIC Standard Valuation
Law.
K.
(1) "Unitary reserves" means the present
value of all future guaranteed benefits less the present value of all future
modified net premiums, where:
(a) Guaranteed
benefits and modified net premiums are considered to the mandatory expiration
of the policy; and
(b) Modified net
premiums are a uniform percentage of the respective guaranteed gross premiums,
where the uniform percentage is such that, at issue, the present value of the
net premiums equals the present value of all death benefits and pure
endowments, plus the excess of Item (i) over Item (ii), as follows:
(i) A net level annual premium equal to the
present value, at the date of issue, of the benefits provided for after the
first policy year, divided by the present value, at the date of issue, of an
annuity of one per year payable on the first and each subsequent anniversary of
the policy on which a premium falls due. However, the net level annual premium
shall not exceed the net level annual premium on the nineteen-year premium
whole life plan of insurance of the same renewal year equivalent level amount
at an age one year higher than the age at issue of the policy.
(ii) A net one year term premium for the
benefits provided for in the first policy year.
(2) The interest rates used in the present
value calculations for any policy may not exceed the maximum valuation interest
rate, determined with a guarantee duration equal to the length from issue to
the mandatory expiration of the policy.
L. "Universal life insurance policy" means
any individual life insurance policy under the provisions of which separately
identified interest credits (other than in connection with dividend
accumulations, premium deposit funds, or other supplementary accounts) and
mortality or expense charges are made to the policy.
Section 5 General Calculation Requirements
for Basic Reserves and Premium Deficiency Reserves
A. At the election of the company for any one
or more specified plans of life insurance, the minimum mortality standard for
basic reserves may be calculated using the 1980 CSO valuation tables with
select mortality factors (or any other valuation mortality table adopted by the
NAIC after the effective date of this regulation and promulgated by regulation
by the commissioner for this purpose). If select mortality factors are elected,
they may be:
(1) The ten-year select
mortality factors incorporated into the 1980 amendments to the NAIC Standard
Valuation Law;
(2) The select
mortality factors in the Appendix; or
(3) Any other table of select mortality
factors adopted by the NAIC after the effective date of this regulation and
promulgated by regulation by the commissioner for the purpose of calculating
basic reserves.
B.
Deficiency reserves, if any, are calculated for each policy as the excess, if
greater than zero, of the quantity A over the basic reserve. The quantity A is
obtained by recalculating the basic reserve for the policy using guaranteed
gross premiums instead of net premiums when the guaranteed gross premiums are
less than the corresponding net premiums. At the election of the company for
any one or more specified plans of insurance, the quantity A and the
corresponding net premiums used in the determination of quantity A may be based
upon the 1980 CSO valuation tables with select mortality factors (or any other
valuation mortality table adopted by the NAIC after the effective date of this
regulation and promulgated by regulation by the commissioner). If select
mortality factors are elected, they may be:
(1) The ten-year select mortality factors
incorporated into the 1980 amendments to the NAIC Standard Valuation
Law;
(2) The select mortality
factors in the Appendix of this regulation;
(3) For durations in the first segment, X
percent of the select mortality factors in the Appendix, subject to the
following:
(a) X may vary by policy year,
policy form, underwriting classification, issue age, or any other policy factor
expected to affect mortality experience;
(b) X shall not be less than twenty percent
(20%);
(c) X shall not decrease in
any successive policy years;
(d) X
is such that, when using the valuation interest rate used for basic reserves,
Item (i) is greater than or equal to Item (ii);
(i) The actuarial present value of future
death benefits, calculated using the mortality rates resulting from the
application of X;
(ii) The
actuarial present value of future death benefits calculated using anticipated
mortality experience without recognition of mortality improvement beyond the
valuation date;
(e) X is
such that the mortality rates resulting from the application of X are at least
as great as the anticipated mortality experience, without recognition of
mortality improvement beyond the valuation date, in each of the first five (5)
years after the valuation date;
(f)
The appointed actuary shall increase X at any valuation date where it is
necessary to continue to meet all the requirements of Subsection
B(3);
(g) The appointed actuary may
decrease X at any valuation date as long as X does not decrease in any
successive policy years and as long as it continues to meet all the
requirements of Subsection B(3); and
(h) The appointed actuary shall specifically
take into account the adverse effect on expected mortality and lapsation of any
anticipated or actual increase in gross premiums.
(i) If X is less than 100 percent at any
duration for any policy, the following requirements shall be met:
(i) The appointed actuary shall annually
prepare an actuarial opinion and memorandum for the company in conformance with
the requirements of
8 V.S.A. section
3577 and Regulation I-97-4; and
(ii) The appointed actuary shall annually
opine for all policies subject to this regulation as to whether the mortality
rates resulting from the application of X meet the requirements of Subsection
B(3). This opinion shall be supported by an actuarial report, subject to
appropriate Actuarial Standards of Practice promulgated by the Actuarial
Standards Board of the American Academy of Actuaries. The X factors shall
reflect anticipated future mortality, without recognition of mortality
improvement beyond the valuation date, taking into account relevant emerging
experience.
(4)
Any other table of select mortality factors adopted by the NAIC after the
effective date of this regulation and promulgated by regulation by the
commissioner for the purpose of calculating deficiency
reserves.
C. This
subsection applies to both basic reserves and deficiency reserves. Any set of
select mortality factors may be used only for the first segment. However, if
the first segment is less than ten (10) years, the appropriate ten-year select
mortality factors incorporated into the 1980 amendments to the NAIC Standard
Valuation Law may be used thereafter through the tenth policy year from the
date of issue.
D. In determining
basic reserves or deficiency reserves, guaranteed gross premiums without policy
fees may be used where the calculation involves the guaranteed gross premium
but only if the policy fee is a level dollar amount after the first policy
year. In determining deficiency reserves, policy fees may be included in
guaranteed gross premiums, even if not included in the actual calculation of
basic reserves.
E. Reserves for
policies that have changes to guaranteed gross premiums, guaranteed benefits,
guaranteed charges, or guaranteed credits that are unilaterally made by the
insurer after issue and that are effective for more than one year after the
date of the change shall be the greatest of the following:
(1) reserves calculated ignoring the
guarantee,
(2) reserves assuming
the guarantee was made at issue, and
(3) reserves assuming that the policy was
issued on the date of the guarantee.
F. The commissioner may require that the
company document the extent of the adequacy of reserves for specified blocks,
including but not limited to policies issued prior to the effective date of
this regulation. This documentation may include a demonstration of the extent
to which aggregation with other non-specified blocks of business is relied upon
in the formation of the appointed actuary opinion pursuant to and consistent
with the requirements of
8 V.S.A. section
3577 and Regulation I-97-4.
Section 6 Calculation of Minimum
Valuation Standard for Policies with Guaranteed Non-level Gross Premiums or
Guaranteed Non-level Benefits (Other than Universal Life Policies)
A. Basic Reserves
Basic reserves shall be calculated as the greater of the segmented reserves and the unitary reserves. Both the segmented reserves and the unitary reserves for any policy shall use the same valuation mortality table and selection factors. A t the option of the insurer, in calculating segmented reserves and net premiums, either of the adjustments described in Paragraph (1) or (2) below may be made:
(1) Treat the unitary reserve, if greater
than zero, applicable at the end of each segment as a pure endowment and
subtract the unitary reserve, if greater than zero, applicable at the beginning
of each segment from the present value of guaranteed life insurance and
endowment benefits for each segment.
(2) Treat the guaranteed cash surrender
value, if greater than zero, applicable at the end of each segment as a pure
endowment; and subtract the guaranteed cash surrender value, if greater than
zero, applicable at the beginning of each segment from the present value of
guaranteed life insurance and endowment benefits for each segment.
B. Deficiency Reserves
(1) The deficiency reserve at any duration
shall be calculated:
(a) On a unitary basis
if the corresponding basic reserve determined by Subsection A is
unitary;
(b) On a segmented basis
if the corresponding basic reserve determined by Subsection A is segmented;
or
(c) On the segmented basis if
the corresponding basic reserve determined by Subsection A is equal to both the
segmented reserve and the unitary reserve.
(2) This subsection shall apply to any policy
for which the guaranteed gross premium at any duration is less than the
corresponding modified net premium calculated by the method used in determining
the basic reserves, but using the minimum valuation standards of mortality
(specified in Section 5B) and rate of interest.
(3) Deficiency reserves, if any, shall be
calculated for each policy as the excess if greater than zero, for the current
and all remaining periods, of the quantity A over the basic reserve, where A is
obtained as indicated in Section 5B.
(4) For deficiency reserves determined on a
segmented basis, the quantity A is determined using segment lengths equal to
those determined for segmented basic reserves.
C. Minimum Value
Basic reserves may not be less than the tabular cost of insurance for the balance of the policy year, if mean reserves are used. Basic reserves may not be less than the tabular cost of insurance for the balance of the current modal period or to the paid-to-date, if later, but not beyond the next policy anniversary, if mid-terminal reserves are used. The tabular cost of insurance shall use the same valuation mortality table and interest rates as that used for the calculation of the segmented reserves. However, if select mortality factors are used, they shall be the ten-year select factors incorporated into the 1980 amendments of the NAIC Standard Valuation Law. In no case may total reserves (including basic reserves, deficiency reserves and any reserves held for supplemental benefits that would expire upon contract termination) be less than the amount that the policyowner would receive (including the cash surrender value of the supplemental benefits, if any, referred to above), exclusive of any deduction for policy loans, upon termination of the policy.
D. Unusual Pattern of Guaranteed Cash
Surrender Values
(1) For any policy with an
unusual pattern of guaranteed cash surrender values, the reserves actually held
prior to the first unusual guaranteed cash surrender value shall not be less
than the reserves calculated by treating the first unusual guaranteed cash
surrender value as a pure endowment and treating the policy as an n year policy
providing term insurance plus a pure endowment equal to the unusual cash
surrender value, where n is the number of years from the date of issue to the
date the unusual cash surrender value is scheduled.
(2) The reserves actually held subsequent to
any unusual guaranteed cash surrender value shall not be less than the reserves
calculated by treating the policy as an n year policy providing term insurance
plus a pure endowment equal to the next unusual guaranteed cash surrender
value, and treating any unusual guaranteed cash surrender value at the end of
the prior segment as a net single premium, where
(a) n is the number of years from the date of
the last unusual guaranteed cash surrender value prior to the valuation date to
the earlier of:
(i) The date of the next
unusual guaranteed cash surrender value, if any, that is scheduled after the
valuation date; or
(ii) The
mandatory expiration date of the policy; and
(b) The net premium for a given year during
the n year period is equal to the product of the net to gross ratio and the
respective gross premium; and
(c)
The net to gross ratio is equal to Item (i) divided by Item (ii) as follows:
(i) The present value, at the beginning of
the n year period, of death benefits payable during the n year period plus the
present value, at the beginning of the n year period, of the next unusual
guaranteed cash surrender value, if any, minus the amount of the last unusual
guaranteed cash surrender value, if any, scheduled at the beginning of the n
year period.
(ii) The present
value, at the beginning of the n year period, of the scheduled gross premiums
payable during the n year period.
(3) For purposes of this subsection, a policy
is considered to have an unusual pattern of guaranteed cash surrender values if
any future guaranteed cash surrender value exceeds the prior year's guaranteed
cash surrender value by more than the sum of:
(a) One hundred ten percent (110%) of the
scheduled gross premium for that year;
(b) One hundred ten percent (110%) of one
year's accrued interest on the sum of the prior year's guaranteed cash
surrender value and the scheduled gross premium using the nonforfeiture
interest rate used for calculating policy guaranteed cash surrender values;
and
(c) Five percent (5%) of the
first policy year surrender charge, if any.
E. Optional Exemption for Yearly Renewable
Term Reinsurance (YRT). At the option of the company, the following approach
for reserves on YRT reinsurance may be used:
(1) Calculate the valuation net premium for
each future policy year as the tabular cost of insurance for that future
year.
(2) Basic reserves shall
never be less than the tabular cost of insurance for the appropriate period, as
defined in Subsection C.
(3)
Deficiency reserves.
(a) For each policy
year, calculate the excess, if greater than zero, of the valuation net premium
over the respective maximum guaranteed gross premium.
(b) Deficiency reserves shall never be less
than the sum of the present values, at the date of valuation, of the excesses
determined in accordance with Subdivision (a) of this subsection.
(4) For purposes of this
subsection, the calculations use the maximum valuation interest rate and the
1980 CSO mortality tables with or without ten-year select mortality factors, or
any other table adopted after the effective date of this regulation by the NAIC
and promulgated by regulation by the commissioner for this purpose.
(5) A reinsurance agreement shall be
considered YRT reinsurance for purposes of this subsection if only the
mortality risk is reinsured.
(6) If
the assuming company chooses this optional exemption, the ceding company's
reinsurance reserve credit shall be limited to the amount of reserve held by
the assuming company for the affected policies.
F. Optional Exemption for Attained-Age-Based
Yearly Renewable Term Life Insurance Policies. At the option of the company,
the following approach for reserves for attained-age-based YRT life insurance
policies may be used:
(1) Calculate the
valuation net premium for each future policy year as the tabular cost of
insurance for that future year.
(2)
Basic reserves shall never be less than the tabular cost of insurance for the
appropriate period, as defined in Subsection 6C.
(3) Deficiency reserves.
(a) For each policy year, calculate the
excess, if greater than zero, of the valuation net premium over the respective
maximum guaranteed gross premium.
(b) Deficiency reserves shall never be less
than the sum of the present values, at the date of valuation, of the excesses
determined in accordance with Subparagraph (a) above.
(4) For purposes of this subsection, the
calculations use the maximum valuation interest rate and the 1980 CSO valuation
tables with or without ten-year select mortality factors, or any other table
adopted after the effective date of this regulation by the NAIC and promulgated
by regulation by the commissioner for this purpose.
(5) A policy shall be considered an
attained-age-based YRT life insurance policy for purposes of this subsection
if:
(a) The premium rates (on both the
initial current premium scale and the guaranteed maximum premium scale) are
based upon the attained age of the insured such that the rate for any given
policy at a given attained age of the insured is independent of the year the
policy was issued; and
(b) The
premium rates (on both the initial current premium scale and the guaranteed
maximum premium scale) are the same as the premium rates for policies covering
all insureds of the same sex, risk class, plan of insurance and attained
age.
(6) For policies
that become attained-age-based YRT policies after an initial period of
coverage, the approach of this subsection may be used after the initial period
if:
(a) The initial period is constant for
all insureds of the same sex, risk class and plan of insurance; or
(b) The initial period runs to a common
attained age for all insureds of the same sex, risk class and plan of
insurance; and
(c) After the
initial period of coverage, the policy meets the conditions of Paragraph (5)
above.
(7) If this
election is made, this approach shall be applied in determining reserves for
all attained-age-based YRT life insurance policies issued on or after the
effective date of this regulation.
G. Exemption from Unitary Reserves for
Certain n-Year Renewable Term Life Insurance Polices. Unitary basic reserves
and unitary deficiency reserves need not be calculated for a policy if the
following conditions are met:
(1) The policy
consists of a series of n-year periods, including the first period and all
renewal periods, where n is the same for each period, except that for the final
renewal period, n may be truncated or extended to reach the expiry age,
provided that this final renewal period is less than 10 years and less than
twice the size of the earlier n-year periods, and for each period, the premium
rates on both the initial current premium scale and the guaranteed maximum
premium scale are level;
(2) The
guaranteed gross premiums in all n-year periods are not less than the
corresponding net premiums based upon the 1980 CSO Table with or without the
ten-year select mortality factors; and
(3) There are no cash surrender values in any
policy year.
H. Exemption
from Unitary Reserves for Certain Juvenile Policies
Unitary basic reserves and unitary deficiency reserves need not be calculated for a policy if the following conditions are met, based upon the initial current premium scale at issue:
(1) At issue, the insured is age twenty-four
(24) or younger;
(2) Until the
insured reaches the end of the juvenile period, which shall occur at or before
age twenty-five (25), the gross premiums and death benefits are level, and
there are no cash surrender values; and
(3) After the end of the juvenile period,
gross premiums are level for the remainder of the premium paying period, and
death benefits are level for the remainder of the life of the policy.
Section 7 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
A. General
(1) Policies with a secondary guarantee
include:
(a) A policy with a guarantee that
the policy will remain in force at the original schedule of benefits, subject
only to the payment of specified premiums;
(b) A policy in which the minimum premium at
any duration is less than the corresponding one year valuation premium,
calculated using the maximum valuation interest rate and the 1980 CSO valuation
tables with or without ten-year select mortality factors, or any other table
adopted after the effective date of this regulation by the NAIC and promulgated
by regulation by the commissioner for this purpose; or
(c) A policy with any combination of
Subparagraph (a) and (b).
(2) A secondary guarantee period is the
period for which the policy is guaranteed to remain in force subject only to a
secondary guarantee. When a policy contains more than one secondary guarantee,
the minimum reserve shall be the greatest of the respective minimum reserves at
that valuation date of each unexpired secondary guarantee, ignoring all other
secondary guarantees. Secondary guarantees that are unilaterally changed by the
insurer after issue shall be considered to have been made at issue. Reserves
described in Subsections B and C below shall be recalculated from issue to
reflect these changes.
(3)
Specified premiums mean the premiums specified in the policy, the payment of
which guarantees that the policy will remain in force at the original schedule
of benefits, but which otherwise would be insufficient to keep the policy in
force in the absence of the guarantee if maximum mortality and expense charges
and minimum interest credits were made and any applicable surrender charges
were assessed.
(4) For purposes of
this section, the minimum premium for any policy year is the premium that, when
paid into a policy with a zero account value at the beginning of the policy
year, produces a zero account value at the end of the policy year. The minimum
premium calculation shall use the policy cost factors (including mortality
charges, loads and expense charges) and the interest crediting rate, which are
all guaranteed at issue.
(5) The
one-year valuation premium means the net one-year premium based upon the
original schedule of benefits for a given policy year. The one-year valuation
premiums for all policy years are calculated at issue. The select mortality
factors defined in Section 5B(2), (3), and (4) may not be used to calculate the
one-year valuation premiums.
(6)
The one-year valuation premium should reflect the frequency of fund processing,
as well as the distribution of deaths assumption employed in the calculation of
the monthly mortality charges to the fund.
B. Basic Reserves for the Secondary
Guarantees
Basic reserves for the secondary guarantees shall be the segmented reserves for the secondary guarantee period. In calculating the segments and the segmented reserves, the gross premiums shall be set equal to the specified premiums, if any, or otherwise to the minimum premiums, that keep the policy in force and the segments will be determined according to the contract segmentation method as defined in Section 4B.
C. Deficiency Reserves for the Secondary
Guarantees
Deficiency reserves, if any, for the secondary guarantees shall be calculated for the secondary guarantee period in the same manner as described in Section 6B with gross premiums set equal to the specified premiums, if any, or otherwise to the minimum premiums that keep the policy in force.
D. Minimum Reserves
The minimum reserves during the secondary guarantee period are the greater of:
(1) The basic
reserves for the secondary guarantee plus the deficiency reserve, if any, for
the secondary guarantees; or
(2)
The minimum reserves required by other rules or regulations governing universal
life plans.
Section
8 Effective Date
This regulation shall take effect January 1, 2000.
Appendix. SELECT MORTALITY FACTORS
This appendix contains tables of select mortality factors that are the bases to which the respective percentage of Section 5A(2), 5B(2) and 5B(3) are applied.
The six tables of select mortality factors contained herein include:
(1) male aggregate,
(2) male nonsmoker,
(3) male smoker,
(4) female aggregate,
(5) female nonsmoker, and
(6) female smoker.
These tables apply to both age last birthday and age nearest birthday mortality tables.
For sex-blended mortality tables, compute select mortality factors in the same proportion as the underlying mortality. For example, for the 1980 CSO-B Table, the calculated select mortality factors are eighty percent (80%) of the appropriate male table in this Appendix, plus twenty percent (20%) of the appropriate female table in this Appendix.
Appendix
| SELECT MORTALITY FACTORS | ||||||||||
| Male, Aggregate | ||||||||||
| Issue Age | Duration | |||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
| 0-15 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 16 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 17 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 18 | 96 | 98 | 98 | 99 | 99 | 100 | 100 | 90 | 92 | 92 |
| 19 | 83 | 84 | 84 | 87 | 87 | 87 | 79 | 79 | 79 | 81 |
| 20 | 69 | 71 | 71 | 74 | 74 | 69 | 69 | 67 | 69 | 70 |
| 21 | 66 | 68 | 69 | 71 | 66 | 66 | 67 | 66 | 67 | 70 |
| 22 | 65 | 66 | 66 | 63 | 63 | 64 | 64 | 64 | 65 | 68 |
| 23 | 62 | 63 | 59 | 60 | 62 | 62 | 63 | 63 | 64 | 65 |
| 24 | 60 | 56 | 56 | 59 | 59 | 60 | 61 | 61 | 61 | 64 |
| 25 | 52 | 53 | 55 | 56 | 58 | 58 | 60 | 60 | 60 | 63 |
| 26 | 51 | 52 | 55 | 56 | 58 | 58 | 57 | 61 | 61 | 62 |
| 27 | 51 | 52 | 55 | 57 | 58 | 60 | 61 | 61 | 60 | 63 |
| 28 | 49 | 51 | 56 | 58 | 60 | 60 | 61 | 62 | 62 | 63 |
| 29 | 49 | 51 | 56 | 58 | 60 | 61 | 62 | 62 | 62 | 64 |
| 30 | 49 | 50 | 56 | 58 | 60 | 60 | 62 | 63 | 63 | 64 |
| 31 | 47 | 50 | 56 | 58 | 60 | 62 | 63 | 64 | 64 | 62 |
| 32 | 46 | 49 | 56 | 59 | 60 | 62 | 63 | 66 | 62 | 63 |
| 33 | 43 | 49 | 56 | 59 | 62 | 63 | 64 | 62 | 65 | 66 |
| 34 | 42 | 47 | 56 | 60 | 62 | 63 | 61 | 63 | 66 | 67 |
| 35 | 40 | 47 | 56 | 60 | 63 | 61 | 62 | 65 | 67 | 68 |
| 36 | 38 | 42 | 56 | 60 | 59 | 61 | 63 | 65 | 67 | 68 |
| 37 | 38 | 45 | 56 | 57 | 61 | 62 | 63 | 65 | 67 | 68 |
| 38 | 37 | 44 | 53 | 58 | 61 | 62 | 65 | 66 | 67 | 69 |
| 39 | 37 | 41 | 53 | 58 | 62 | 63 | 65 | 65 | 66 | 68 |
| 40 | 34 | 40 | 53 | 58 | 62 | 63 | 65 | 65 | 66 | 68 |
| 41 | 34 | 41 | 53 | 58 | 62 | 63 | 65 | 64 | 64 | 66 |
| 42 | 34 | 43 | 53 | 58 | 61 | 62 | 63 | 63 | 63 | 64 |
| 43 | 34 | 43 | 54 | 59 | 60 | 61 | 63 | 62 | 62 | 64 |
| 44 | 34 | 44 | 54 | 58 | 59 | 60 | 61 | 60 | 61 | 62 |
| 45 | 34 | 45 | 53 | 58 | 59 | 60 | 60 | 60 | 59 | 60 |
| 46 | 31 | 43 | 52 | 56 | 57 | 58 | 59 | 59 | 59 | 60 |
| 47 | 32 | 42 | 50 | 53 | 55 | 56 | 57 | 58 | 59 | 60 |
| 48 | 32 | 41 | 47 | 52 | 54 | 56 | 57 | 57 | 57 | 61 |
| 49 | 30 | 40 | 46 | 49 | 52 | 54 | 55 | 56 | 57 | 61 |
| 50 | 30 | 38 | 44 | 47 | 51 | 53 | 54 | 56 | 57 | 61 |
| 51 | 28 | 37 | 42 | 46 | 49 | 53 | 54 | 56 | 57 | 61 |
| 52 | 28 | 35 | 41 | 45 | 49 | 51 | 54 | 56 | 57 | 61 |
| 53 | 27 | 35 | 39 | 44 | 48 | 51 | 53 | 55 | 57 | 61 |
| 54 | 27 | 33 | 38 | 44 | 48 | 50 | 53 | 55 | 57 | 61 |
| 55 | 25 | 32 | 37 | 43 | 47 | 50 | 53 | 55 | 57 | 61 |
| 56 | 25 | 32 | 37 | 43 | 47 | 49 | 51 | 54 | 56 | 61 |
| 57 | 24 | 31 | 38 | 43 | 47 | 49 | 51 | 54 | 56 | 59 |
| 58 | 24 | 31 | 38 | 43 | 48 | 48 | 50 | 53 | 56 | 59 |
| 59 | 23 | 30 | 39 | 43 | 48 | 48 | 51 | 53 | 55 | 58 |
| 60 | 23 | 30 | 39 | 43 | 48 | 47 | 50 | 52 | 53 | 57 |
| 61 | 23 | 30 | 39 | 43 | 49 | 49 | 50 | 52 | 53 | 75 |
| 62 | 23 | 30 | 39 | 44 | 49 | 49 | 51 | 52 | 75 | 75 |
| 63 | 22 | 30 | 39 | 45 | 50 | 50 | 52 | 75 | 75 | 75 |
| 64 | 22 | 30 | 39 | 45 | 50 | 51 | 75 | 75 | 75 | 75 |
| 65 | 22 | 30 | 39 | 45 | 50 | 65 | 70 | 70 | 70 | 70 |
| 66 | 22 | 30 | 39 | 45 | 60 | 65 | 70 | 70 | 70 | 70 |
| 67 | 22 | 30 | 39 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 68 | 23 | 32 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 69 | 23 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 70 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 71 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 72 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 73 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 74 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 75 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 76 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 100 |
| 77 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 100 | 100 |
| 78 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 100 | 100 | 100 |
| 79 | 48 | 52 | 55 | 60 | 60 | 65 | 100 | 100 | 100 | 100 |
| 80 | 48 | 52 | 55 | 60 | 60 | 100 | 100 | 100 | 100 | 100 |
| 81 | 48 | 52 | 55 | 60 | 100 | 100 | 100 | 100 | 100 | 100 |
| 82 | 48 | 52 | 55 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 83 | 48 | 52 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 84 | 48 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 85+ | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| SELECT MORTALITY FACTORS | ||||||||||
| Male, Aggregate | ||||||||||
| Issue Age | Duration | |||||||||
| 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20+ | |
| 0-15 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 16 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 17 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 18 | 92 | 92 | 93 | 93 | 96 | 97 | 98 | 98 | 99 | 100 |
| 19 | 81 | 82 | 82 | 82 | 85 | 88 | 91 | 94 | 97 | 100 |
| 20 | 71 | 71 | 71 | 71 | 74 | 79 | 84 | 90 | 95 | 100 |
| 21 | 70 | 70 | 70 | 71 | 71 | 77 | 83 | 88 | 94 | 100 |
| 22 | 68 | 68 | 68 | 69 | 71 | 77 | 83 | 88 | 94 | 100 |
| 23 | 65 | 67 | 67 | 69 | 70 | 76 | 82 | 88 | 94 | 100 |
| 24 | 64 | 64 | 66 | 67 | 70 | 76 | 82 | 88 | 94 | 100 |
| 25 | 62 | 63 | 64 | 67 | 69 | 75 | 81 | 88 | 94 | 100 |
| 26 | 63 | 64 | 66 | 69 | 66 | 73 | 80 | 86 | 93 | 100 |
| 27 | 63 | 64 | 67 | 66 | 67 | 74 | 80 | 87 | 93 | 100 |
| 28 | 64 | 66 | 65 | 66 | 68 | 74 | 81 | 87 | 94 | 100 |
| 29 | 64 | 62 | 66 | 67 | 70 | 76 | 82 | 88 | 94 | 100 |
| 30 | 62 | 63 | 67 | 68 | 71 | 77 | 83 | 88 | 94 | 100 |
| 31 | 63 | 66 | 68 | 70 | 72 | 78 | 83 | 89 | 94 | 100 |
| 32 | 66 | 67 | 70 | 72 | 73 | 78 | 84 | 89 | 95 | 100 |
| 33 | 67 | 70 | 72 | 73 | 75 | 80 | 85 | 90 | 95 | 100 |
| 34 | 70 | 71 | 73 | 75 | 76 | 81 | 86 | 90 | 95 | 100 |
| 35 | 71 | 73 | 74 | 76 | 76 | 81 | 86 | 90 | 95 | 100 |
| 36 | 70 | 72 | 74 | 76 | 77 | 82 | 86 | 91 | 95 | 100 |
| 37 | 70 | 72 | 74 | 76 | 76 | 81 | 86 | 90 | 95 | 100 |
| 38 | 69 | 73 | 75 | 76 | 77 | 82 | 86 | 91 | 95 | 100 |
| 39 | 69 | 72 | 74 | 76 | 76 | 81 | 86 | 90 | 95 | 100 |
| 40 | 68 | 71 | 75 | 76 | 77 | 82 | 86 | 91 | 95 | 100 |
| 41 | 68 | 70 | 74 | 76 | 77 | 82 | 86 | 91 | 95 | 100 |
| 42 | 66 | 69 | 72 | 75 | 77 | 82 | 86 | 91 | 95 | 100 |
| 43 | 66 | 67 | 72 | 74 | 77 | 82 | 86 | 91 | 95 | 100 |
| 44 | 64 | 67 | 71 | 74 | 77 | 82 | 86 | 91 | 95 | 100 |
| 45 | 63 | 66 | 71 | 74 | 77 | 82 | 86 | 91 | 95 | 100 |
| 46 | 63 | 67 | 71 | 74 | 75 | 80 | 85 | 90 | 95 | 100 |
| 47 | 65 | 68 | 71 | 74 | 75 | 80 | 85 | 90 | 95 | 100 |
| 48 | 65 | 68 | 72 | 73 | 74 | 79 | 84 | 90 | 95 | 100 |
| 49 | 66 | 69 | 72 | 73 | 74 | 79 | 84 | 90 | 95 | 100 |
| 50 | 66 | 71 | 72 | 73 | 75 | 80 | 85 | 90 | 95 | 100 |
| 51 | 66 | 71 | 72 | 73 | 75 | 80 | 85 | 90 | 95 | 100 |
| 52 | 66 | 71 | 72 | 74 | 75 | 80 | 85 | 90 | 100 | 100 |
| 53 | 67 | 71 | 74 | 75 | 76 | 81 | 86 | 100 | 100 | 100 |
| 54 | 67 | 72 | 74 | 75 | 76 | 81 | 100 | 100 | 100 | 100 |
| 55 | 68 | 72 | 74 | 75 | 78 | 100 | 100 | 100 | 100 | 100 |
| 56 | 67 | 70 | 73 | 74 | 100 | 100 | 100 | 100 | 100 | 100 |
| 57 | 66 | 69 | 72 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 58 | 64 | 67 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 59 | 63 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 60 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 61 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 62 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 63 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 64 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 65 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 66 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 67 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 68 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 69 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 70 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 71 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 72 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 73 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 74 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 75 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 76 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 77 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 78 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 79 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 80 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 81 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 82 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 83 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 84 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 85+ | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Male, Non-Smoker | ||||||||||
| Issue Age | Duration | |||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
| 0-15 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 16 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 17 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 18 | 93 | 95 | 96 | 98 | 99 | 100 | 100 | 90 | 92 | 92 |
| 19 | 80 | 81 | 83 | 86 | 87 | 87 | 79 | 79 | 79 | 81 |
| 20 | 65 | 68 | 69 | 72 | 74 | 69 | 69 | 67 | 69 | 70 |
| 21 | 63 | 66 | 68 | 71 | 66 | 66 | 67 | 66 | 67 | 70 |
| 22 | 62 | 65 | 66 | 62 | 63 | 64 | 64 | 64 | 67 | 68 |
| 23 | 60 | 62 | 58 | 60 | 62 | 62 | 63 | 63 | 64 | 67 |
| 24 | 59 | 55 | 56 | 58 | 59 | 60 | 61 | 61 | 63 | 65 |
| 25 | 52 | 53 | 55 | 56 | 58 | 58 | 60 | 60 | 61 | 64 |
| 26 | 51 | 53 | 55 | 56 | 58 | 60 | 61 | 61 | 61 | 63 |
| 27 | 51 | 52 | 55 | 58 | 60 | 60 | 61 | 61 | 62 | 63 |
| 28 | 49 | 52 | 57 | 58 | 60 | 61 | 63 | 62 | 62 | 64 |
| 29 | 49 | 51 | 57 | 60 | 61 | 61 | 62 | 62 | 63 | 64 |
| 30 | 49 | 51 | 57 | 60 | 61 | 62 | 63 | 63 | 63 | 64 |
| 31 | 47 | 50 | 57 | 60 | 60 | 62 | 63 | 64 | 64 | 62 |
| 32 | 46 | 50 | 57 | 60 | 62 | 63 | 64 | 64 | 62 | 63 |
| 33 | 45 | 49 | 56 | 60 | 62 | 63 | 64 | 62 | 63 | 65 |
| 34 | 43 | 48 | 56 | 62 | 63 | 64 | 62 | 62 | 65 | 66 |
| 35 | 41 | 47 | 56 | 62 | 63 | 61 | 62 | 63 | 66 | 67 |
| 36 | 40 | 47 | 56 | 62 | 59 | 61 | 62 | 63 | 66 | 67 |
| 37 | 38 | 45 | 56 | 58 | 59 | 61 | 62 | 63 | 66 | 67 |
| 38 | 38 | 45 | 53 | 58 | 61 | 62 | 63 | 65 | 65 | 67 |
| 39 | 37 | 41 | 53 | 58 | 61 | 62 | 63 | 64 | 65 | 67 |
| 40 | 34 | 41 | 53 | 58 | 61 | 62 | 63 | 64 | 64 | 66 |
| 41 | 34 | 41 | 53 | 58 | 61 | 61 | 62 | 62 | 63 | 65 |
| 42 | 34 | 43 | 53 | 58 | 60 | 61 | 62 | 61 | 61 | 63 |
| 43 | 32 | 43 | 53 | 58 | 60 | 61 | 60 | 60 | 60 | 60 |
| 44 | 32 | 44 | 52 | 57 | 59 | 60 | 60 | 59 | 59 | 58 |
| 45 | 32 | 44 | 52 | 57 | 59 | 60 | 59 | 57 | 57 | 57 |
| 46 | 32 | 42 | 50 | 54 | 56 | 57 | 57 | 56 | 55 | 56 |
| 47 | 30 | 40 | 48 | 52 | 54 | 55 | 55 | 54 | 54 | 55 |
| 48 | 30 | 40 | 46 | 49 | 51 | 52 | 53 | 53 | 54 | 55 |
| 49 | 29 | 39 | 43 | 48 | 50 | 51 | 50 | 51 | 53 | 54 |
| 50 | 29 | 37 | 42 | 45 | 47 | 48 | 49 | 50 | 51 | 54 |
| 51 | 27 | 35 | 40 | 43 | 45 | 47 | 48 | 50 | 51 | 53 |
| 52 | 27 | 34 | 39 | 42 | 44 | 45 | 48 | 49 | 50 | 53 |
| 53 | 25 | 31 | 37 | 41 | 44 | 45 | 47 | 49 | 50 | 51 |
| 54 | 25 | 30 | 36 | 39 | 43 | 44 | 47 | 48 | 49 | 51 |
| 55 | 24 | 29 | 35 | 38 | 42 | 43 | 45 | 48 | 49 | 50 |
| 56 | 23 | 29 | 35 | 38 | 42 | 42 | 44 | 47 | 48 | 50 |
| 57 | 23 | 28 | 35 | 38 | 42 | 42 | 43 | 45 | 47 | 49 |
| 58 | 22 | 28 | 33 | 37 | 41 | 41 | 43 | 45 | 45 | 47 |
| 59 | 22 | 26 | 33 | 37 | 41 | 41 | 42 | 44 | 44 | 46 |
| 60 | 20 | 26 | 33 | 37 | 41 | 40 | 41 | 42 | 42 | 45 |
| 61 | 20 | 26 | 33 | 37 | 41 | 40 | 41 | 42 | 42 | 75 |
| 62 | 19 | 25 | 32 | 38 | 40 | 40 | 41 | 42 | 75 | 75 |
| 63 | 19 | 25 | 33 | 36 | 40 | 40 | 41 | 75 | 75 | 75 |
| 64 | 18 | 24 | 32 | 36 | 39 | 40 | 75 | 75 | 75 | 75 |
| 65 | 18 | 24 | 32 | 36 | 39 | 65 | 70 | 70 | 70 | 70 |
| 66 | 18 | 24 | 32 | 36 | 60 | 65 | 70 | 70 | 70 | 70 |
| 67 | 18 | 24 | 32 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 68 | 18 | 24 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 69 | 18 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 70 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 71 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 72 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 73 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 74 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 75 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 76 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 100 |
| 77 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 100 | 100 |
| 78 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 100 | 100 | 100 |
| 79 | 48 | 52 | 55 | 60 | 60 | 65 | 100 | 100 | 100 | 100 |
| 80 | 48 | 52 | 55 | 60 | 60 | 100 | 100 | 100 | 100 | 100 |
| 81 | 48 | 52 | 55 | 60 | 100 | 100 | 100 | 100 | 100 | 100 |
| 82 | 48 | 52 | 55 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 83 | 48 | 52 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 84 | 48 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 85+ | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Male, Non-Smoker | ||||||||||
| Issue Age | Duration | |||||||||
| 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20+ | |
| 0-15 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 16 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 17 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 18 | 92 | 92 | 95 | 95 | 96 | 97 | 98 | 98 | 99 | 100 |
| 19 | 81 | 82 | 83 | 83 | 86 | 89 | 92 | 94 | 97 | 100 |
| 20 | 71 | 71 | 72 | 72 | 75 | 80 | 85 | 90 | 95 | 100 |
| 21 | 70 | 70 | 71 | 71 | 73 | 78 | 84 | 89 | 95 | 100 |
| 22 | 68 | 68 | 70 | 70 | 73 | 78 | 84 | 89 | 95 | 100 |
| 23 | 68 | 68 | 67 | 69 | 71 | 77 | 83 | 88 | 94 | 100 |
| 24 | 67 | 66 | 66 | 69 | 71 | 77 | 83 | 88 | 94 | 100 |
| 25 | 64 | 64 | 64 | 67 | 70 | 76 | 82 | 88 | 94 | 100 |
| 26 | 64 | 64 | 66 | 69 | 67 | 74 | 80 | 87 | 93 | 100 |
| 27 | 64 | 66 | 67 | 66 | 67 | 74 | 80 | 87 | 93 | 100 |
| 28 | 66 | 66 | 63 | 66 | 68 | 74 | 81 | 87 | 94 | 100 |
| 29 | 66 | 63 | 65 | 67 | 68 | 74 | 81 | 87 | 94 | 100 |
| 30 | 62 | 63 | 66 | 68 | 70 | 76 | 82 | 88 | 94 | 100 |
| 31 | 63 | 65 | 67 | 70 | 71 | 77 | 83 | 88 | 94 | 100 |
| 32 | 65 | 66 | 68 | 71 | 72 | 78 | 83 | 89 | 94 | 100 |
| 33 | 66 | 68 | 71 | 73 | 74 | 79 | 84 | 90 | 95 | 100 |
| 34 | 67 | 70 | 72 | 74 | 74 | 79 | 84 | 90 | 95 | 100 |
| 35 | 68 | 70 | 72 | 74 | 75 | 80 | 85 | 90 | 95 | 100 |
| 36 | 68 | 70 | 72 | 74 | 75 | 80 | 85 | 90 | 95 | 100 |
| 37 | 67 | 69 | 71 | 73 | 74 | 79 | 84 | 90 | 95 | 100 |
| 38 | 68 | 70 | 72 | 74 | 73 | 78 | 84 | 89 | 95 | 100 |
| 39 | 68 | 70 | 71 | 73 | 73 | 78 | 84 | 89 | 95 | 100 |
| 40 | 67 | 69 | 71 | 73 | 72 | 78 | 83 | 89 | 94 | 100 |
| 41 | 65 | 67 | 69 | 71 | 71 | 77 | 83 | 88 | 94 | 100 |
| 42 | 64 | 66 | 67 | 69 | 71 | 77 | 83 | 88 | 94 | 100 |
| 43 | 62 | 64 | 66 | 68 | 69 | 75 | 81 | 88 | 94 | 100 |
| 44 | 60 | 62 | 65 | 67 | 69 | 75 | 81 | 88 | 94 | 100 |
| 45 | 59 | 61 | 63 | 66 | 68 | 74 | 81 | 87 | 94 | 100 |
| 46 | 59 | 61 | 63 | 65 | 67 | 74 | 80 | 87 | 93 | 100 |
| 47 | 59 | 61 | 62 | 63 | 66 | 73 | 80 | 86 | 93 | 100 |
| 48 | 57 | 61 | 62 | 63 | 63 | 70 | 78 | 85 | 93 | 100 |
| 49 | 57 | 61 | 61 | 62 | 62 | 70 | 77 | 85 | 92 | 100 |
| 50 | 57 | 61 | 61 | 61 | 61 | 69 | 77 | 84 | 92 | 100 |
| 51 | 57 | 60 | 61 | 61 | 62 | 70 | 77 | 85 | 92 | 100 |
| 52 | 56 | 60 | 60 | 62 | 62 | 70 | 77 | 85 | 100 | 100 |
| 53 | 56 | 59 | 61 | 61 | 62 | 70 | 77 | 100 | 100 | 100 |
| 54 | 55 | 59 | 59 | 61 | 62 | 70 | 100 | 100 | 100 | 100 |
| 55 | 56 | 58 | 59 | 61 | 62 | 100 | 100 | 100 | 100 | 100 |
| 56 | 55 | 57 | 58 | 59 | 100 | 100 | 100 | 100 | 100 | 100 |
| 57 | 53 | 55 | 56 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 58 | 51 | 53 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 59 | 50 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 60 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 61 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 62 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 63 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 64 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 65 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 66 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 67 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 68 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 69 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 70 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 71 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 72 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 73 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 74 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 75 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 76 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 77 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 78 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 79 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 80 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 81 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 82 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 83 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 84 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 85+ | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Male, Smoker | ||||||||||
| Issue Age | Duration | |||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
| 0-15 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 16 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 17 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 18 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 19 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 20 | 98 | 100 | 100 | 100 | 100 | 100 | 100 | 99 | 99 | 99 |
| 21 | 95 | 98 | 99 | 100 | 95 | 96 | 96 | 95 | 96 | 97 |
| 22 | 92 | 95 | 96 | 90 | 90 | 93 | 93 | 92 | 93 | 95 |
| 23 | 90 | 92 | 85 | 88 | 88 | 89 | 89 | 89 | 90 | 90 |
| 24 | 87 | 81 | 82 | 85 | 84 | 86 | 88 | 86 | 86 | 88 |
| 25 | 77 | 78 | 79 | 82 | 81 | 83 | 83 | 82 | 83 | 85 |
| 26 | 75 | 77 | 79 | 82 | 82 | 83 | 83 | 82 | 83 | 84 |
| 27 | 73 | 75 | 78 | 82 | 82 | 83 | 83 | 82 | 82 | 82 |
| 28 | 71 | 73 | 79 | 82 | 81 | 82 | 83 | 81 | 81 | 82 |
| 29 | 69 | 72 | 78 | 81 | 81 | 82 | 82 | 81 | 81 | 81 |
| 30 | 68 | 71 | 78 | 81 | 81 | 81 | 82 | 81 | 81 | 81 |
| 31 | 65 | 70 | 77 | 81 | 79 | 81 | 82 | 81 | 81 | 76 |
| 32 | 63 | 67 | 77 | 78 | 79 | 81 | 81 | 81 | 76 | 77 |
| 33 | 60 | 65 | 74 | 78 | 79 | 79 | 81 | 76 | 77 | 77 |
| 34 | 57 | 62 | 74 | 77 | 79 | 79 | 75 | 76 | 77 | 79 |
| 35 | 53 | 60 | 73 | 77 | 79 | 75 | 75 | 76 | 77 | 79 |
| 36 | 52 | 59 | 71 | 75 | 74 | 75 | 75 | 76 | 77 | 79 |
| 37 | 49 | 58 | 70 | 71 | 74 | 74 | 75 | 76 | 77 | 78 |
| 38 | 48 | 55 | 66 | 70 | 72 | 74 | 74 | 75 | 76 | 78 |
| 39 | 45 | 50 | 65 | 70 | 72 | 72 | 74 | 74 | 75 | 77 |
| 40 | 41 | 49 | 63 | 68 | 71 | 72 | 73 | 74 | 74 | 76 |
| 41 | 40 | 49 | 63 | 68 | 71 | 72 | 72 | 72 | 73 | 75 |
| 42 | 40 | 49 | 62 | 68 | 70 | 71 | 71 | 71 | 71 | 73 |
| 43 | 39 | 50 | 62 | 67 | 69 | 69 | 70 | 70 | 70 | 71 |
| 44 | 39 | 50 | 60 | 66 | 68 | 69 | 68 | 69 | 69 | 69 |
| 45 | 37 | 50 | 60 | 66 | 68 | 68 | 68 | 67 | 67 | 67 |
| 46 | 37 | 48 | 58 | 63 | 65 | 67 | 66 | 66 | 66 | 67 |
| 47 | 36 | 47 | 55 | 61 | 63 | 64 | 64 | 64 | 65 | 67 |
| 48 | 35 | 46 | 53 | 58 | 60 | 62 | 63 | 63 | 65 | 67 |
| 49 | 34 | 45 | 51 | 56 | 58 | 59 | 61 | 62 | 63 | 67 |
| 50 | 34 | 43 | 49 | 53 | 55 | 57 | 60 | 61 | 63 | 67 |
| 51 | 32 | 42 | 47 | 52 | 55 | 57 | 60 | 61 | 63 | 67 |
| 52 | 32 | 40 | 46 | 50 | 54 | 56 | 60 | 61 | 63 | 67 |
| 53 | 30 | 37 | 44 | 49 | 54 | 56 | 59 | 61 | 65 | 67 |
| 54 | 30 | 36 | 43 | 48 | 53 | 55 | 59 | 61 | 65 | 67 |
| 55 | 29 | 35 | 42 | 47 | 53 | 55 | 59 | 61 | 65 | 67 |
| 56 | 28 | 35 | 42 | 47 | 53 | 55 | 57 | 60 | 63 | 68 |
| 57 | 28 | 35 | 42 | 47 | 53 | 54 | 57 | 60 | 64 | 67 |
| 58 | 26 | 33 | 43 | 48 | 54 | 54 | 56 | 59 | 63 | 67 |
| 59 | 26 | 33 | 43 | 48 | 54 | 53 | 57 | 59 | 63 | 66 |
| 60 | 25 | 33 | 43 | 48 | 54 | 53 | 56 | 58 | 62 | 66 |
| 61 | 25 | 33 | 43 | 49 | 55 | 55 | 57 | 59 | 63 | 75 |
| 62 | 25 | 33 | 43 | 50 | 56 | 56 | 58 | 61 | 75 | 75 |
| 63 | 24 | 33 | 45 | 51 | 56 | 56 | 59 | 75 | 75 | 75 |
| 64 | 24 | 34 | 45 | 51 | 57 | 57 | 75 | 75 | 75 | 75 |
| 65 | 24 | 34 | 45 | 52 | 57 | 65 | 70 | 70 | 70 | 70 |
| 66 | 24 | 35 | 45 | 53 | 60 | 65 | 70 | 70 | 70 | 70 |
| 67 | 25 | 35 | 45 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 68 | 25 | 36 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 69 | 27 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 70 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 71 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 72 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 73 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 74 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 75 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 70 |
| 76 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 70 | 100 |
| 77 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 70 | 100 | 100 |
| 78 | 48 | 52 | 55 | 60 | 60 | 65 | 70 | 100 | 100 | 100 |
| 79 | 48 | 52 | 55 | 60 | 60 | 65 | 100 | 100 | 100 | 100 |
| 80 | 48 | 52 | 55 | 60 | 60 | 100 | 100 | 100 | 100 | 100 |
| 81 | 48 | 52 | 55 | 60 | 100 | 100 | 100 | 100 | 100 | 100 |
| 82 | 48 | 52 | 55 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 83 | 48 | 52 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 84 | 48 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 85+ | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Male, Smoker | ||||||||||
| Issue Age | Duration | |||||||||
| 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20+ | |
| 0-15 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 16 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 17 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 18 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 19 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 20 | 100 | 99 | 99 | 99 | 100 | 100 | 100 | 100 | 100 | 100 |
| 21 | 97 | 96 | 96 | 96 | 96 | 97 | 98 | 98 | 99 | 100 |
| 22 | 95 | 93 | 93 | 92 | 93 | 94 | 96 | 97 | 99 | 100 |
| 23 | 90 | 90 | 89 | 90 | 92 | 94 | 95 | 97 | 98 | 100 |
| 24 | 88 | 86 | 86 | 88 | 89 | 91 | 93 | 96 | 98 | 100 |
| 25 | 84 | 84 | 84 | 85 | 86 | 89 | 92 | 94 | 97 | 100 |
| 26 | 84 | 84 | 84 | 85 | 81 | 85 | 89 | 92 | 96 | 100 |
| 27 | 82 | 84 | 84 | 80 | 81 | 85 | 89 | 92 | 96 | 100 |
| 28 | 82 | 82 | 80 | 80 | 81 | 85 | 89 | 92 | 96 | 100 |
| 29 | 81 | 77 | 80 | 80 | 81 | 85 | 89 | 92 | 96 | 100 |
| 30 | 76 | 77 | 80 | 80 | 81 | 85 | 89 | 92 | 96 | 100 |
| 31 | 77 | 79 | 81 | 81 | 83 | 86 | 90 | 93 | 97 | 100 |
| 32 | 77 | 80 | 83 | 83 | 85 | 88 | 91 | 94 | 97 | 100 |
| 33 | 79 | 80 | 83 | 85 | 85 | 88 | 91 | 94 | 97 | 100 |
| 34 | 79 | 81 | 83 | 85 | 87 | 90 | 92 | 95 | 97 | 100 |
| 35 | 80 | 82 | 84 | 86 | 88 | 90 | 93 | 95 | 98 | 100 |
| 36 | 79 | 81 | 83 | 85 | 87 | 90 | 92 | 95 | 97 | 100 |
| 37 | 79 | 81 | 84 | 86 | 86 | 89 | 92 | 94 | 97 | 100 |
| 38 | 79 | 81 | 83 | 85 | 87 | 90 | 92 | 95 | 97 | 100 |
| 39 | 79 | 81 | 84 | 86 | 86 | 89 | 92 | 94 | 97 | 100 |
| 40 | 78 | 80 | 83 | 85 | 86 | 89 | 92 | 94 | 97 | 100 |
| 41 | 76 | 78 | 81 | 84 | 85 | 88 | 91 | 94 | 97 | 100 |
| 42 | 75 | 76 | 81 | 83 | 85 | 88 | 91 | 94 | 97 | 100 |
| 43 | 73 | 76 | 79 | 83 | 85 | 88 | 91 | 94 | 97 | 100 |
| 44 | 71 | 74 | 79 | 81 | 85 | 88 | 91 | 94 | 97 | 100 |
| 45 | 69 | 73 | 78 | 81 | 85 | 88 | 91 | 94 | 97 | 100 |
| 46 | 71 | 74 | 78 | 81 | 84 | 87 | 90 | 94 | 97 | 100 |
| 47 | 71 | 75 | 79 | 81 | 84 | 87 | 90 | 94 | 97 | 100 |
| 48 | 72 | 75 | 79 | 81 | 83 | 86 | 90 | 93 | 97 | 100 |
| 49 | 72 | 77 | 80 | 81 | 83 | 86 | 90 | 93 | 97 | 100 |
| 50 | 73 | 78 | 80 | 81 | 81 | 85 | 89 | 92 | 96 | 100 |
| 51 | 73 | 78 | 80 | 83 | 84 | 87 | 90 | 94 | 97 | 100 |
| 52 | 73 | 78 | 81 | 84 | 85 | 88 | 91 | 94 | 100 | 100 |
| 53 | 74 | 79 | 83 | 85 | 87 | 90 | 92 | 100 | 100 | 100 |
| 54 | 74 | 80 | 84 | 85 | 89 | 91 | 100 | 100 | 100 | 100 |
| 55 | 75 | 80 | 84 | 86 | 90 | 100 | 100 | 100 | 100 | 100 |
| 56 | 74 | 79 | 83 | 85 | 100 | 100 | 100 | 100 | 100 | 100 |
| 57 | 74 | 78 | 81 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 58 | 73 | 78 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 59 | 73 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 60 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 61 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 62 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 63 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 64 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 65 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 66 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 67 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 68 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 69 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 70 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 71 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 72 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 73 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 74 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 75 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 76 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 77 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 78 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 79 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 80 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 81 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 82 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 83 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 84 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 85+ | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Female, Aggregate | ||||||||||
| Issue Age | Duration | |||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
| 0-15 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 16 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 17 | 99 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 93 | 95 |
| 18 | 83 | 83 | 84 | 84 | 84 | 84 | 86 | 78 | 78 | 79 |
| 19 | 65 | 66 | 68 | 68 | 68 | 68 | 63 | 63 | 64 | 66 |
| 20 | 48 | 50 | 51 | 51 | 51 | 47 | 48 | 48 | 49 | 51 |
| 21 | 47 | 48 | 50 | 51 | 47 | 47 | 48 | 49 | 51 | 53 |
| 22 | 44 | 47 | 48 | 45 | 47 | 47 | 48 | 49 | 53 | 54 |
| 23 | 42 | 45 | 44 | 45 | 47 | 47 | 49 | 51 | 53 | 54 |
| 24 | 39 | 40 | 42 | 44 | 47 | 47 | 50 | 51 | 54 | 56 |
| 25 | 34 | 38 | 41 | 44 | 47 | 47 | 50 | 53 | 56 | 57 |
| 26 | 34 | 38 | 41 | 45 | 49 | 49 | 51 | 56 | 58 | 59 |
| 27 | 34 | 38 | 41 | 47 | 50 | 51 | 54 | 57 | 59 | 60 |
| 28 | 34 | 37 | 43 | 47 | 53 | 53 | 56 | 59 | 62 | 63 |
| 29 | 34 | 38 | 43 | 49 | 54 | 56 | 58 | 60 | 63 | 64 |
| 30 | 35 | 38 | 43 | 50 | 56 | 56 | 59 | 63 | 66 | 67 |
| 31 | 35 | 38 | 43 | 51 | 56 | 58 | 60 | 64 | 67 | 65 |
| 32 | 35 | 39 | 45 | 51 | 56 | 59 | 63 | 66 | 65 | 66 |
| 33 | 36 | 39 | 44 | 52 | 58 | 62 | 64 | 65 | 66 | 67 |
| 34 | 36 | 40 | 45 | 52 | 58 | 63 | 63 | 66 | 67 | 68 |
| 35 | 36 | 40 | 45 | 53 | 59 | 61 | 65 | 67 | 68 | 70 |
| 36 | 36 | 40 | 45 | 53 | 55 | 62 | 65 | 67 | 68 | 70 |
| 37 | 36 | 41 | 47 | 52 | 57 | 62 | 65 | 67 | 68 | 69 |
| 38 | 34 | 41 | 44 | 52 | 57 | 63 | 66 | 68 | 69 | 70 |
| 39 | 34 | 40 | 45 | 53 | 58 | 63 | 66 | 68 | 69 | 69 |
| 40 | 32 | 40 | 45 | 53 | 58 | 65 | 65 | 67 | 68 | 69 |
| 41 | 32 | 40 | 45 | 53 | 57 | 63 | 64 | 67 | 68 | 68 |
| 42 | 32 | 40 | 45 | 52 | 56 | 61 | 63 | 65 | 66 | 68 |
| 43 | 31 | 39 | 45 | 51 | 55 | 59 | 61 | 65 | 65 | 66 |
| 44 | 31 | 39 | 45 | 50 | 54 | 58 | 61 | 63 | 64 | 66 |
| 45 | 31 | 38 | 44 | 49 | 53 | 56 | 59 | 62 | 63 | 65 |
| 46 | 29 | 37 | 43 | 48 | 51 | 54 | 59 | 62 | 63 | 65 |
| 47 | 28 | 35 | 41 | 46 | 49 | 54 | 57 | 61 | 62 | 66 |
| 48 | 28 | 35 | 41 | 44 | 49 | 52 | 57 | 61 | 63 | 66 |
| 49 | 26 | 34 | 39 | 43 | 47 | 52 | 55 | 61 | 63 | 67 |
| 50 | 25 | 32 | 38 | 41 | 46 | 50 | 55 | 61 | 63 | 67 |
| 51 | 25 | 32 | 38 | 41 | 45 | 50 | 55 | 61 | 63 | 66 |
| 52 | 23 | 30 | 36 | 41 | 45 | 51 | 56 | 61 | 62 | 65 |
| 53 | 23 | 30 | 36 | 41 | 47 | 51 | 56 | 61 | 62 | 63 |
| 54 | 22 | 29 | 35 | 41 | 47 | 53 | 57 | 61 | 61 | 62 |
| 55 | 22 | 29 | 35 | 41 | 47 | 53 | 57 | 61 | 61 | 61 |
| 56 | 22 | 29 | 35 | 41 | 45 | 51 | 56 | 59 | 60 | 61 |
| 57 | 22 | 29 | 35 | 41 | 45 | 50 | 54 | 56 | 58 | 59 |
| 58 | 22 | 30 | 36 | 41 | 44 | 49 | 53 | 56 | 57 | 57 |
| 59 | 22 | 30 | 36 | 41 | 44 | 48 | 51 | 53 | 55 | 56 |
| 60 | 22 | 30 | 36 | 41 | 43 | 47 | 50 | 51 | 53 | 55 |
| 61 | 22 | 29 | 35 | 39 | 42 | 46 | 49 | 50 | 52 | 80 |
| 62 | 20 | 28 | 33 | 39 | 41 | 45 | 47 | 49 | 80 | 80 |
| 63 | 20 | 28 | 33 | 38 | 41 | 44 | 46 | 80 | 80 | 80 |
| 64 | 19 | 27 | 32 | 36 | 40 | 42 | 80 | 80 | 80 | 80 |
| 65 | 19 | 25 | 30 | 35 | 39 | 72 | 75 | 75 | 80 | 80 |
| 66 | 19 | 25 | 30 | 35 | 72 | 72 | 75 | 75 | 80 | 80 |
| 67 | 19 | 25 | 30 | 72 | 72 | 72 | 75 | 75 | 80 | 80 |
| 68 | 19 | 25 | 68 | 72 | 72 | 72 | 75 | 75 | 80 | 80 |
| 69 | 19 | 64 | 68 | 72 | 72 | 72 | 75 | 75 | 80 | 80 |
| 70 | 60 | 60 | 64 | 68 | 68 | 72 | 75 | 75 | 80 | 80 |
| 71 | 60 | 60 | 64 | 68 | 68 | 72 | 75 | 75 | 80 | 80 |
| 72 | 60 | 60 | 64 | 68 | 68 | 72 | 75 | 75 | 80 | 80 |
| 73 | 60 | 60 | 64 | 68 | 68 | 72 | 75 | 75 | 80 | 80 |
| 74 | 60 | 60 | 64 | 68 | 68 | 72 | 75 | 75 | 80 | 80 |
| 75 | 60 | 60 | 64 | 68 | 68 | 72 | 75 | 75 | 80 | 80 |
| 76 | 60 | 60 | 64 | 68 | 68 | 72 | 75 | 75 | 80 | 100 |
| 77 | 60 | 60 | 64 | 68 | 68 | 72 | 75 | 75 | 100 | 100 |
| 78 | 60 | 60 | 64 | 68 | 68 | 72 | 75 | 100 | 100 | 100 |
| 79 | 60 | 60 | 64 | 68 | 68 | 72 | 100 | 100 | 100 | 100 |
| 80 | 60 | 60 | 64 | 68 | 68 | 100 | 100 | 100 | 100 | 100 |
| 81 | 60 | 60 | 64 | 68 | 100 | 100 | 100 | 100 | 100 | 100 |
| 82 | 60 | 60 | 64 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 83 | 60 | 60 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 84 | 60 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 85+ | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Female, Aggregate | ||||||||||
| Issue Age | Duration | |||||||||
| 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20+ | |
| 0-15 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 16 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 17 | 96 | 97 | 97 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 18 | 82 | 84 | 85 | 88 | 88 | 90 | 93 | 95 | 98 | 100 |
| 19 | 69 | 71 | 72 | 74 | 75 | 80 | 85 | 90 | 95 | 100 |
| 20 | 56 | 57 | 58 | 61 | 63 | 70 | 78 | 85 | 93 | 100 |
| 21 | 57 | 60 | 61 | 64 | 64 | 71 | 78 | 86 | 93 | 100 |
| 22 | 60 | 61 | 63 | 64 | 66 | 73 | 80 | 86 | 93 | 100 |
| 23 | 61 | 64 | 64 | 67 | 69 | 75 | 81 | 88 | 94 | 100 |
| 24 | 64 | 64 | 66 | 69 | 70 | 76 | 82 | 88 | 94 | 100 |
| 25 | 64 | 67 | 69 | 71 | 73 | 78 | 84 | 89 | 95 | 100 |
| 26 | 66 | 69 | 70 | 73 | 70 | 76 | 82 | 88 | 94 | 100 |
| 27 | 69 | 70 | 73 | 70 | 71 | 77 | 83 | 88 | 94 | 100 |
| 28 | 70 | 73 | 70 | 72 | 74 | 79 | 84 | 90 | 95 | 100 |
| 29 | 73 | 70 | 72 | 74 | 75 | 80 | 85 | 90 | 95 | 100 |
| 30 | 70 | 71 | 74 | 75 | 76 | 81 | 86 | 90 | 95 | 100 |
| 31 | 71 | 72 | 74 | 75 | 76 | 81 | 86 | 90 | 95 | 100 |
| 32 | 72 | 72 | 75 | 76 | 76 | 81 | 86 | 90 | 95 | 100 |
| 33 | 72 | 74 | 75 | 76 | 76 | 81 | 86 | 90 | 95 | 100 |
| 34 | 74 | 74 | 76 | 76 | 76 | 81 | 86 | 90 | 95 | 100 |
| 35 | 75 | 74 | 75 | 76 | 75 | 80 | 85 | 90 | 95 | 100 |
| 36 | 74 | 74 | 74 | 75 | 75 | 80 | 85 | 90 | 95 | 100 |
| 37 | 72 | 72 | 73 | 75 | 74 | 79 | 84 | 90 | 95 | 100 |
| 38 | 72 | 71 | 72 | 74 | 75 | 80 | 85 | 90 | 95 | 100 |
| 39 | 70 | 70 | 70 | 73 | 74 | 79 | 84 | 90 | 95 | 100 |
| 40 | 70 | 69 | 70 | 73 | 73 | 78 | 84 | 89 | 95 | 100 |
| 41 | 69 | 69 | 69 | 73 | 74 | 79 | 84 | 90 | 95 | 100 |
| 42 | 69 | 68 | 70 | 74 | 75 | 80 | 85 | 90 | 95 | 100 |
| 43 | 68 | 69 | 69 | 74 | 77 | 82 | 86 | 91 | 95 | 100 |
| 44 | 67 | 68 | 71 | 75 | 78 | 82 | 87 | 91 | 96 | 100 |
| 45 | 67 | 68 | 71 | 77 | 79 | 83 | 87 | 92 | 96 | 100 |
| 46 | 67 | 69 | 71 | 77 | 78 | 82 | 87 | 91 | 96 | 100 |
| 47 | 68 | 69 | 71 | 77 | 77 | 82 | 86 | 91 | 95 | 100 |
| 48 | 68 | 71 | 72 | 75 | 77 | 82 | 86 | 91 | 95 | 100 |
| 49 | 69 | 71 | 72 | 75 | 75 | 80 | 85 | 90 | 95 | 100 |
| 50 | 69 | 72 | 72 | 75 | 74 | 79 | 84 | 90 | 95 | 100 |
| 51 | 68 | 69 | 71 | 74 | 74 | 79 | 84 | 90 | 95 | 100 |
| 52 | 66 | 68 | 68 | 73 | 73 | 78 | 84 | 89 | 100 | 100 |
| 53 | 65 | 66 | 68 | 72 | 72 | 78 | 83 | 100 | 100 | 100 |
| 54 | 62 | 66 | 66 | 69 | 70 | 76 | 100 | 100 | 100 | 100 |
| 55 | 62 | 63 | 64 | 68 | 69 | 100 | 100 | 100 | 100 | 100 |
| 56 | 62 | 63 | 64 | 67 | 100 | 100 | 100 | 100 | 100 | 100 |
| 57 | 61 | 62 | 63 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 58 | 61 | 62 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 59 | 59 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 60 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 61 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 62 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 63 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 64 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 65 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 66 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 67 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 68 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 69 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 70 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 71 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 72 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 73 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 74 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 75 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 76 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 77 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 78 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 79 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 80 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 81 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 82 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 83 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 84 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| 85+ | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.