Current through Register 1527, August 2, 2024
Section 57.04 - 2001 CSO Mortality Table(1) At the election of the company for any one or more specified plans of insurance and subject to the conditions stated in 211 CMR 57.00, the 2001 CSO Mortality Table may be used as the minimum standard for policies issued on or after January 1, 2004 and before January 1, 2009 to which M.G.L. c. 175, § 9, subdivision 2, paragraph (a), subparagraph First (iii) and § 144, subdivision 6A, paragraph (h), subparagraph (6) and 211 CMR 29.05(1) and (2) are applicable. If the company elects to use the 2001 CSO Mortality Table, it shall do so for both valuation and non-forfeiture purposes.(2) Subject to the conditions stated in 211 CMR 57.00, the 2001 CSO Mortality Table shall be used in determining minimum standards for policies issued on and after January 1, 2009, to which M.G.L. c. 175, § 9, subdivision 2, paragraph(a), subparagraph First (iii) and § 144, subdivision 6A, paragraph (h), subparagraph (6) and 211 CMR 29.05(1) and (2) are applicable.