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.

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Docket Developing Standard

Additional Standards for Graded Death Benefit for Whole Life Insurance Policies and Certificates For Employer Groups

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Additional Standards for Graded Death Benefit for Whole Life Insurance Policies and Certificates For Employer Groups