Standards for Supplemental Illustrations

A supplemental illustration may be provided so long as it meets all standards set out in paragraphs (1)-(4) of this section, as follows:

(1) it is appended to, accompanied by or preceded by a basic illustration that complies with this Subchapter;

(2) the non-guaranteed elements shown are not more favorable to the policy owner than the corresponding elements based on the scale used in the basic illustration;

(3) it conforms to §21.2206 of this title (relating to General Rules and Prohibitions); and

(4) for a policy that has a contract premium, the contract premium underlying the supplemental illustration is equal to the contract premium shown in the basic illustration. For policies that do not require a contract premium, the premium outlay underlying the supplemental illustration shall be equal to the premium outlay shown in the basic illustration.

Source Note: The provisions of this §21.2208 adopted to be effective September 29, 1998, 23 TexReg 9753.