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TITLE 28 - INSURANCE
PART 1 - TEXAS DEPARTMENT OF INSURANCE
CHAPTER 21 - TRADE PRACTICES
SUBCHAPTER N - LIFE INSURANCE ILLUSTRATIONS
SECTION/RULE §21.2208 - Standards for Supplemental Illustrations
Chapter Review Date 06/08/2021

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.

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