Rhode Island Code of Regulations
Title 230 - Department of Business Regulation
Chapter 20 - Insurance
Subchapter 25 - LIFE AND ANNUITIES
Part 10 - 2001 CSO Mortality Table (230-RICR-20-25-10)
Section 230-RICR-20-25-10.4 - 2001 CSO Mortality Table

Universal Citation: 230 RI Code of Rules 20 25 10.4

Current through September 18, 2024

A. At the election of the company for any one or more specified plans of insurance and subject to the conditions stated in this regulation, the 2001 CSO Mortality Table may be used as the minimum standard for policies issued on or after January 1, 2005 and before the date specified in § 10.4(B) of this Part to which R.I. Gen. Laws §§ 27-4-17(d)(3), 27-4.3-5(h)(6) and § 8.5(A) and (B) of this Subchapter are applicable. If the company elects to use the 2001 CSO Mortality Table, it shall do so for both valuation and nonforfeiture purposes.

B. Subject to the conditions stated in this regulation, the 2001 CSO Mortality Table shall be used in determining minimum standards for policies issued on and after January 1, 2009, to which R.I. Gen. Laws §§ 27-4-17(d)(3), 27-4.3-5(h)(6) and § 8.5(A) and (B) of this Subchapter are applicable.

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