News

Earlier this year, the Uniform Standards applicable to Group Term Life, Group Whole Life, and Group Disability Income Insurance were amended to accommodate non-employer groups. To facilitate those filings, the Compact enabled a new filing type "Group Policy Forms - NEG" that is required to be selected when the material in the filing will be used for non-employer groups to any extent, even in combination with employer groups. This ensures the correct submission requirements are generated so compliance is achieved with respect to those requirements. If this filing type is not chosen, the filer will be required to re-file under the correct filing type of "Group Policy Forms - NEG".

If you have any questions, please reach out to the Compact Office via comments@insurancecompact.org.