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Group Whole Life Insurance Uniform Standards for Accelerated Death Benefits

Docket Status: Open written comment period

Subject Matter:

Purpose of Proposed New Rules: The Group Whole Life Insurance Uniform Standards for Accelerated Death Benefits apply to accelerated death benefits that are built into group whole life insurance policies and certificates, or added to such policies or certificates by rider, endorsement, or amendment. These standards accommodate accelerated death benefits for Employees and Dependents, referred to in these standards as Covered Persons.

Date Issued:

9/5/2023

Comments Due:

11/7/2023

Documents Under Review:

Group Whole Life Insurance Uniform Standards For Accelerated Death Benefits

Additional Information:

Published Notices of Standards: Citation of Notice published on September 5, 2023

Committee Memoranda and Recommendations:

Product Standards Committee Transmittal Memo - Group Whole Life August 15, 2023

Related Amendments:

Group Whole Life Insurance Uniform Standards for Accelerated Death Benefits

Group Whole Life Insurance Uniform Standards for Accidental Death and Dismemberment Benefits

Group Whole Life Insurance Uniform Standards for Accidental Death Benefits

Uniform Standards For Riders, Endorsements or Amendments to Effect Group Whole Life Insurance Certificate Changes

Uniform Standards For Group Whole Life Enrollment Forms and Statement of Insurability Forms

Uniform Standards for Riders, Endorsements Or Amendments Used to Effect Group Whole Life Insurance Policy Changes

Additional Standards for Waiver of Premium Benefits for Total Disability and Other Qualifying Events For Whole Life Insurance Policies and Certificates for Employer Groups

Group Whole Life Insurance Policy and Certificate Standards Uniform Standards For Employer Groups

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