Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 21 - TRADE PRACTICES
Subchapter N - LIFE INSURANCE ILLUSTRATIONS
Section 21.2208 - Standards for Supplemental Illustrations
Current through Reg. 50, No. 13; March 28, 2025
A supplemental illustration may be provided so long as it meets all standards set out in paragraphs (1)-(4) of this section, as follows:
(1) it is appended to, accompanied by or preceded by a basic illustration that complies with this Subchapter;
(2) the non-guaranteed elements shown are not more favorable to the policy owner than the corresponding elements based on the scale used in the basic illustration;
(3) it conforms to § 21.2206 of this title (relating to General Rules and Prohibitions); and
(4) for a policy that has a contract premium, the contract premium underlying the supplemental illustration is equal to the contract premium shown in the basic illustration. For policies that do not require a contract premium, the premium outlay underlying the supplemental illustration shall be equal to the premium outlay shown in the basic illustration.
