PART1409. VALUATION OF LIFE INSURANCE POLICIES INCLUDING THE USE OF SELECT MORTALITY FACTORS  


§ 1409.10. Purpose
§ 1409.20. Applicability
§ 1409.30. Definitions
§ 1409.40. General Calculation Requirements for Basic Reserves and Deficiency Reserves
§ 1409.50. Calculation of Minimum Valuation Standard for Policies with Guaranteed Nonlevel Premiums or Guaranteed Nonlevel Benefits (Other Than Universal Life Policies)
§ 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
§ 1409.70. Use of 2001 CSO Mortality Table
§ 1409.80. Use of 2001 CSO Preferred Class Structure Mortality Table
Section 1409.APPENDIX A. Select Mortality Factors
§ 1409.ILLUSTRATION A. Male Aggregate
§ 1409.ILLUSTRATION B. Male, Non-Smoker
§ 1409.ILLUSTRATION C. Male, Smoker
§ 1409.ILLUSTRATION D. Female, Aggregate
§ 1409.ILLUSTRATION E. Female, Non-Smoker
§ 1409.ILLUSTRATION F. Female, Smoker
SOURCE: 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 July 12, 2018.

Notation

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