Current through Register No. 50, December 12, 2024
Section Ins 309.07 - 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 this part;(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.N.H. Admin. Code § Ins 309.07
#7195, eff 4-1-00, EXPIRED: 4-1-08
New. #9401, eff 3-9-09
Amended by Volume XXXVII Number 6, Filed February 9, 2017, Proposed by #12097, Effective 3/9/2017, Expires 3/9/2027.