Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 57.00 - Recognition Of The 2001 Cso Mortality Table For Use In Determining Minimum Reserve Liabilities And Non-forfeiture Benefits
Section 57.04 - 2001 CSO Mortality Table

Universal Citation: 211 MA Code of Regs 211.57

Current through Register 1531, September 27, 2024

(1) At the election of the company for any one or more specified plans of insurance and subject to the conditions stated in 211 CMR 57.00, the 2001 CSO Mortality Table may be used as the minimum standard for policies issued on or after January 1, 2004 and before January 1, 2009 to which M.G.L. c. 175, § 9, subdivision 2, paragraph (a), subparagraph First (iii) and § 144, subdivision 6A, paragraph (h), subparagraph (6) and 211 CMR 29.05(1) and (2) are applicable. If the company elects to use the 2001 CSO Mortality Table, it shall do so for both valuation and non-forfeiture purposes.

(2) Subject to the conditions stated in 211 CMR 57.00, the 2001 CSO Mortality Table shall be used in determining minimum standards for policies issued on and after January 1, 2009, to which M.G.L. c. 175, § 9, subdivision 2, paragraph(a), subparagraph First (iii) and § 144, subdivision 6A, paragraph (h), subparagraph (6) and 211 CMR 29.05(1) and (2) are applicable.

Disclaimer: These regulations may not be the most recent version. Massachusetts may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.