Additional Standards for Waiver of Surrender Charge Benefit
Docket Status: Open written comment period
Subject Matter:
Purpose of Proposed New Rules: The purpose of this amendment is to amend the Additional Standards for Waiver of Surrender Charges Benefit that are built into individual deferred variable, individual deferred indexed linked variable and non-variable annuity contracts or added to such contracts by rider, endorsement or amendment. The waiver benefits are triggered by a qualifying event associated with either the annuitant or owner, as specified in the contract or waiver benefit form.
Effective Date:
Hearing Date:
Comments Due:
Documents Under Review:
Additional Information:
Published Notices of Standards: Citation of Notice published on March 20, 2024
Committee Memoranda and Recommendations: