210 Neb. Admin. Code, ch. 79, § 004

Current through September 17, 2024

Section 210-79-004 - 2001 CSO Mortality Table

004.01 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, 2004 and before the date specified in Subsection 004.02 to which Neb.Rev.Stat. § 44-404(a) (i) (c) and Neb.Rev.Stat. § 44-407.24(8), and Title 210 Nebraska Administrative Code Chapter 71, Sections 005.01 and 005.02 are applicable. If the company elects to use the 2001 CSO Mortality Table, it shall do so for both valuation and nonforfeiture purposes.

004.02 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 Neb.Rev.Stat. § 44-404(a) (i) (c) and Neb.Rev.Stat. § 44-407.24(8), and Title 210 Nebraska Administrative Code Chapter 71, Sections 005.01 and 005.02 are applicable.