Additional Standards for Graded Death Benefit for Whole Life Insurance Policies and Certificates For Employer Groups
Docket Status: Open written comment period
Subject Matter:
Purpose of Proposed New Rules: The Additional Standards for Graded Death Benefit for Whole Life Insurance Policies and Certificates For Employer Groups apply to graded death benefits that are built into group whole life insurance policies and certificates or added to such policies and certificates by rider, endorsement or amendment. These standards provide early duration reduced death benefits where the period during which benefits for death from natural causes are reduced relative to some ultimate amount is not more than three years.
Date Issued:
Comments Due:
Documents Under Review:
Additional Information:
Published Notices of Standards: Citation of Notice published on September 5, 2023
Committee Memoranda and Recommendations:
Related Amendments: