Uniform Standards For Group Whole Life Enrollment Forms and Statement of Insurability Forms
Purpose of Proposed New Rules: The Uniform Standards for Group Whole Life Enrollment Forms and Statement of Insurability Forms (the “Proposed Standards”) apply to paper, telephonic or electronic forms used to enroll for coverage provided by group whole life insurance policies. In situations where evidence of insurability from an enrollee is not required and underwriting questions are not included in a form, the form is considered an enrollment form and filing for approval may not be required. In situations where evidence of insurability from an enrollee is required and underwriting questions are not included in a form, the form is considered a statement of insurability and detailed uniform standards apply. The Proposed Standards apply to new business forms as well as forms used to request changes to existing certificates.
Published Notices of Standards: Citation of Notice published on September 5, 2023