Section 38a-819-63 - Standards for supplemental illustrations(a) A supplemental illustration may be provided so long as: (1) It is appended to, accompanied by or preceded by a basic illustration that complies with sections 38a-819-58 to 38a-819-69, inclusive, of the regulations of Connecticut State Agencies;(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 contains the same statement required of a basic illustration that non-guaranteed elements are not guaranteed; 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.(b) The supplemental illustration shall include a notice referring to the basic illustration for guaranteed elements and other important information.Conn. Agencies Regs. § 38a-819-63
Adopted effective January 1, 1999