Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 32.00 - Use Of Gender-blended And Smoker/nonsmoker Mortality Tables
Section 32.06 - Rule for Smoker/Nonsmoker Mortality Tables

(a) For any policy of insurance delivered or issued for delivery in this state after the effective date of former 211 CMR 33.00 in 1985,

(b) For any policy of insurance delivered or issued for delivery in this state after May 22, 1985 and prior to January 1, 1989, the 1958 CSO or 1958 CET Smoker and Nonsmoker Mortality Tables may be substituted for the 1958 CSO or 1958 CET Tables; provided that for any category of insurance issued on female lives with minimum reserve liabilities, minimum cash surrender values and the paid-up nonforfeiture benefits determined using the 1958 CSO or 1958 CET Smoker and Nonsmoker Mortality Tables, such minimum values may be calculated according to an age not more than six years younger than the actual age of the insured.

(c) For any policy of life insurance issued in conjunction with an employer pension plan subject to the decision of the United States Supreme Court in Arizona Governing Committee for Tax Deferred Annuity and Deferred Compensation Plans v. Norris, 103 S. Ct. 3492 (1983), the life insurer may file with the Division:

(a) use composite mortality tables to determine minimum reserve liabilities, minimum cash surrender values and the paid-up nonforfeiture benefits,

(b) use smoker and nonsmoker mortality tables to determine the valuation net premiums and additional minimum reserves, if any, required by M.G.L. c. 175, § 9, and use composite mortality tables to determine the basic minimum reserves, minimum cash surrender values and the paid-up nonforfeiture benefits, or

(c) use smoker and nonsmoker mortality tables to determine minimum reserve liabilities, minimum cash surrender values and the paid-up nonforfeiture benefits.