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 47.4 - Other nondiscrimination statutes
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 47.4
Current through Register Vol. 46, No. 39, September 25, 2024
Before a life insurer, in connection with an employer-employee benefit plan, issues an individual life insurance policy to an employer, individual employee, or to a trustee of such plan, it is recommended that it remind the employer that the employer is responsible under State and Federal statutes not to discriminate against employees on the basis of gender. The life insurer shall advise the employer that it would be prudent to have the employer's attorney review the proposed life insurance plan in order to determine whether it complies with applicable statutes.
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