11 NCAC 12 .0421             PREPARATION OF VARIABLE ANNUITY CONTRACT FILINGS

A company submitting variable annuity contracts to the department for approval must prepare such filings in the following manner:

(1)        Separate filings should be made for individual and group contracts, with all supplementary material grouped accordingly.

(2)        The filing letter should include a listing of all form numbers and a description of the contracts being filed.

(3)        The filing letter should state whether or not the annuity mortality table developed from the company's experience is used, and if so, a copy of such table should accompany the filing.

(4)        The filing letter should clearly indicate the states in which the subject contract has been filed and approved.

 

History Note:        Authority G.S. 58-2-40; 58-7-95;

Eff. February 1, 1976;

Readopted Eff. September 26, 1978;

Amended Eff. April 1, 1989.