New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter III - Policy and Certificate Provisions
Subchapter A - Life, Accident and Health Insurance
Part 47 - Use Of Gender-blended Mortality Tables For Individual Life Insurance Policies By Life Insurers
Section 47.0 - Purpose
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 47.0
Current through Register Vol. 46, No. 39, September 25, 2024
The purpose of this Regulation is to permit life insurers who have elected or who elect an operative date of section 4221(k)(2) to issue individual life insurance policies to both men and women in New York with the same nonforfeiture benefits and the same reserve bases.
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