N.M. Admin. Code § 13.9.9.7

Current through Register Vol. 35, No. 21, November 5, 2024

Section 13.9.9.7 - DEFINITIONS

A."1980 CSO table, with or without ten year select mortality factors" means that mortality table, consisting of separate rates of mortality for male and female lives developed by the society of actuaries committee to recommend new mortality tables for valuation of standard individual ordinary life insurance, incorporated in the 1980 NAIC Amendments to the Model Standard Valuation Law and Standard Nonforfeiture Law for Life Insurance, and referred to in those models as the commissioners 1980 standard ordinary mortality table, with or without ten-year select mortality factors.

B."1980 CSO table (M), with or without ten-year select mortality factors" means that mortality table consisting of the rates of mortality for males lives from the 1980 CSO tables, with or without ten-year select mortality factors.

C."1980 CSO table (F), with or without ten-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 ten-years select mortality factors.

D."1980 CET table" means that mortality table consisting of separate rates of mortality for male and female lives, developed by the society of actuaries committee to recommend new mortality tables for valuation of standard individual ordinary life insurance, incorporated in the 1980 NAIC Amendments to the Model Standard Valuation Law and Standard Nonforfeiture Law for Life Insurance, and referred to in those models as the commissioners 1980 extended term insurance table.

E."1980 CET table (M)" means that mortality table consisting of the rates of mortality for male lives from the 1980 CET Table.

F."1980 CET table (F)" means that mortality table consisting of the rates of mortality for female lives from the 1980 CET Table.

N.M. Admin. Code § 13.9.9.7

12/1/85; Recompiled 11/30/01