Section R. 500.1221 - DefinitionsRule 1.
(1) As used in these rules:(a) "1980 CET table" means that mortality table which consists of separate rates of mortality for male and female lives, which is developed by the society of actuaries committee to recommend new mortality tables for valuation of standard individual ordinary life insurance, which is incorporated in the 1980 NAIC amendments to the model standard valuation law and standard nonforfeiture law for life insurance, and which is referred to in those models as the commissioners 1980 extended term insurance table.(b) "1980 CET table (F)" means that mortality table consisting of the rates of mortality for female lives from the 1980 CET table.(c) "1980 CET table (M)" means that mortality table consisting of the rates of mortality for male lives from the 1980 CET table.(d) "1980 CSO table, with or without 10-year select mortality factors" means that mortality table which consists of separate rates of mortality for male and female lives, which is developed by the society of actuaries committee to recommend new mortality tables for valuation of standard individual ordinary life insurance, which is incorporated in the 1980 NAIC amendments to the model standard valuation law and standard nonforfeiture law for life insurance, and which is referred to in those models as the commissioners 1980 standard ordinary mortality table, with or without 10-year select mortality factors.(e) "1980 CSO table (F), with or without 10-year select mortality factors" means that mortality table consisting of the rates of mortality for female lives from the 1980 CSO table, with or without 10-year select mortality factors.(f) "1980 CSO table (M), with or without 10-year select mortality factors" means that mortality table consisting of the rates of mortality for male lives from the 1980 CSO table, with or without 10-year select mortality factors.(g) "NAIC" means national association of insurance commissioners.(2) As used in R 500.1224(1)(a) and (b), "acceptable blend" means any of the following: (a) One hundred percent male 0% female for tables to be designated as the 1980 CSO-A and 1980 CET-A tables for policies delivered or issued for delivery before January 1, 1985.(b) Eighty percent male 20% female for tables to be designated as the 1980 CSO-B and 1980 CET-B tables.(c) Sixty percent male 40% female for tables to be designated as the 1980 CSO-C and 1980 CET-C tables.(d) Fifty percent male 50% female for tables to be designated as the 1980 CSO-D and 1980 CET-D tables.(e) Forty percent male 60% female for tables to be designated as the 1980 CSO-E and 1980 CET-E tables.(f) Twenty percent male 80% female for tables to be designated as the 1980 CSO-F and 1980 CET-F tables.(g) Zero percent male 100% female for tables to be designated as the 1980 CSO-G and 1980 CET-G tables for policies delivered or issued for delivery before January 1, 1985.Mich. Admin. Code R. 500.1221