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In adopting the Uniform Standards amendments, the Commission set an effective date of April 3, 2023, for new product submissions.

The purpose of this rule is to amend the Exclusions subsection of Section 3 Policy Provisions of certain Uniform Standards. The amendment deletes Subsection (1)(a)(ii) of the war exclusion provision.

The purpose of this amendment is to revise the Individual Joint Last to Die Survivorship Endowment Insurance Policy Standards in accordance with the 5-year Commission Review of Rules required by Section 119 of the Rule for the Adoption, Amendment and Repeal of Rules for the Interstate Insurance P

Amendments to Actuarial Memorandum Requirements Section

The purpose of this rule is to amend the individual life insurance policy standards to relocate existing submission requirements related to the actuarial memorandum into a separate, independent section of the standards.

The Individual Joint Last To Die Survivorship Endowment Insurance Policy Standards specify submission requirements, form requirements and policy provisions for individual joint last to die survivorship endowment insurance policies, which provide that the death benefit is payable upon the death of

The purpose of these amendments is to address a specific conflict between a Colorado statute and the Uniform Standards with respect to the length of the suicide exclusion.

The purpose of this rule is to amend the Exclusions subsection of Section 3 Policy Provisions of certain Uniform Standards. The amendment deletes Subsection (1)(a)(ii) of the war exclusion provision.

The purpose of this amendment is to revise the Individual Single Premium Joint Last to Die Survivorship Whole Life Insurance Policy Standards in accordance with the 5-year Commission Review of Rules required by § 119 of the Rule for the Adoption, Amendment and Repeal of Rules for the Interstate I

Amendments to Actuarial Memorandum Requirements section:

The purpose of this rule is to amend the individual life insurance policy standards to relocate existing submission requirements related to the actuarial memorandum into a separate, independent section of the standards.

The Individual Single Premium Joint Last to Die Survivorship Whole Life Insurance Policy Standards (the "Proposed Standards") specify additional submission requirements, form requirements and policy provisions for traditional forms of individual joint last to die survivorship whole life insurance