N.M. Admin. Code § 13.9.14.2

Current through Register Vol. 35, No. 24, December 23, 2024

Section 13.9.14.2 - SCOPE

A. This rule applies to all group and individual life insurance policies and certificates sold on or after October 1, 1998.

B. This rule does not apply to:

(1) variable life insurance;

(2) individual and group annuity contracts;

(3) credit life insurance; or

(4) life insurance policies with no illustrated death benefits on any individual exceeding $10,000.

N.M. Admin. Code § 13.9.14.2

10/1/98; Recompiled 11/30/01