Guidance for Insurers When Submitting Life and Annuity Product Filings
Life Product Outlines and Checklists
Product Type | Last Updated | |||||
|---|---|---|---|---|---|---|
| Product Outlines | Product Checklists | |||||
| Current Version (PDF) | Previous Version (PDF) | Current Version (Word) | Summary Of Changes | Current Version (Word) | Current Version (PDF) | |
General Information | ||||||
Introductions | 03/15/1999 | |||||
Readability Form (Flesch) | Introduction (Word
Format) | |||||
Section 4224(a)(1) Issues | Under Revision | |||||
Policy Form Compliance Certification | 08/23/2004 | 08/23/2004 | ||||
| Optional Supplemental Policy Form Compliance Certification | 03/26/2013 | |||||
4228(h) - Selfsupport | ||||||
Nonforfeiture Issues | ||||||
Variable Issues |
09/16/2005 | 09/16/2005 | ||||
Summary Form | New! Group Annuity, Group Funding Agreement and Synthetic GIC Policy Forms | |||||
Individual Life Insurance | ||||||
Individual Whole Life and Endowment |
12/20/2012 | 11/21/2011 | 12/20/2012 | 12/20/2012 (PDF) | ||
Individual Term Life |
06/28/2012 | 09/09/2002 | 06/28/2012 | |||
Individual Universal Life |
07/24/2012 | 09/09/2002 | 07/24/2012 | |||
Individual Variable Life |
03/08/2013 | 07/28/2010 | 03/08/2013 | |||
Individual Life Insurance Application |
03/05/1999 | 08/21/2000 | 08/21/2000 | |||
Individual Economatic Life Products |
09/27/2012 | 12/10/2001 | 09/27/2012 | |||
Individual Joint Life |
10/29/2012 | 10/05/2001 | 10/29/2012 | |||
Group Life Insurance | ||||||
Group Term Life |
07/11/2012 | 01/27/2010 | 07/11/2012 | |||
Group Universal Life Insurance |
09/09/2002 | 09/09/2002 | 09/09/2002 | |||
Group Variable Universal Life Insurance |
09/09/2002 | 01/24/2003 | 01/24/2003 | |||
Individual Annuities | ||||||
Individual Fixed Deferred Annuity |
11/29/2011 | 06/30/2010 | 11/29/2011 | |||
Individual Variable Annuity |
11/29/2011 | 04/30/2002 | 11/29/2011 | |||
Group Fixed and/or Variable Annuity Contracts Subject to Individual Standards |
08/02/2012 | 06/30/2010 | 08/02/2012 |
|
| |
Allocated Group Annuity Contracts Not Subject to Section 4223 |
05/21/2013 | 02/25/2002 | 05/21/2013 | |||
Guaranteed Interest Contracts |
05/06/1999 | 08/29/2001 | 08/29/2001 | |||
Separate Account Agreements |
01/30/2001 | 08/29/2001 | 08/29/2001 | |||
Immediate Participation Guarantee and Deposit Administration Contracts |
08/11/2000 | 12/14/2012 | ||||
Synthetic Guaranteed Investment Contracts |
07/17/2000 | 08/29/2001 | ||||
Group Annuity Terminal Funding and Close Out Contracts Outline |
09/24/2012 | 03/23/2000 | 09/24/2012 |
| ||
Credit Insurance | ||||||
Credit Insurance |
05/03/2013 | 09/09/2002 | 05/03/2013 | |||
Other | ||||||
Accelerated Payment of the Death Benefit Product Outline |
07/09/2012 | 12/15/1999 | 07/09/2012 | |||
Charitable Gift Annuities |
06/29/2012 | 04/18/2005 | 06/29/2012 | |||
Corporate-Owned Life Insurance |
02/28/2002 | 02/28/2002 | 02/28/2002 | |||
Immediate Annuities |
02/28/2013 | 02/28/2013 | ||||
Individual and Group Funding Agreements |
05/03/2013 | 01/18/2001 | 05/03/2013 | |||
Viatical Settlements |
07/07/1999 | |||||
Equity-Index Products, Design Guidance New! | 10/31/2007 | 10/31/2007 | ||||
Fund Change Only | 11/01/2010 | |||||
Reference Area
Statutes, Regulations and Circular Letters Which Impact the Product Outlines
- Circular Letter No. 6 (2004): Procedural Changes in the Approval Process for Life Insurance and Annuity Policy Forms Submissions
- Office of General Counsel Opinion 02-04-21: Guidelines for the Writing of Individual Policies in the Payroll Deduction Market
- Office of General Counsel Opinion 00-12-05: New York Insurance Law Section 4224(a)(1) Regarding Unfair Discrimination Among Members of the Same Class
- Office of General Counsel Opinion 01-08-05: Flexible Premium Variable Life Form
- Office of General Counsel Opinion 01-06-29: Section 4228(h) of the Insurance Law
- Office of General Counsel Opinion 01-06-30: Indeterminate Premium Policies and Universal Life Insurance Policies – Approval Process and Profit Margins
- Circular Letter No. 7 (1999): Life Insurance And Annuity Product Outlines Designed To Assist Insurers In Making Form And Rate Filings With The Department
- Circular Letter No. 8 (1999): Procedural Changes in the Approval Process for Life Insurance and Annuity Policy Forms
- Circular Letter No. 21 (1999): Resubmission of Policy Form Filings Revised in Accordance with the Product Outlines
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Updated 05/21/2013
