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Chapter 48.23A RCW

LIFE INSURANCE POLICY ILLUSTRATIONS

RCW Sections

48.23A.005Purpose -- Standards for life insurance policy illustrations.
48.23A.010Scope of chapter -- Exceptions.
48.23A.015Definitions.
48.23A.020Marketing with or without an illustration -- Notice to commissioner -- Conditions -- Availability.
48.23A.030Illustration used in sale -- Label -- Required basic information -- Prohibitions -- Use of interest rate.
48.23A.040Basic illustration -- Conforming requirements -- Brief descriptions -- Numeric summaries -- Required statements.
48.23A.050Supplemental illustration -- Conditions for use -- Reference to basic illustration.
48.23A.060Illustration used or not used during sale -- Signed copy of illustration or acknowledgment of no use -- Computer screen -- Retained copies.
48.23A.070Policy designated for use of illustrations -- Annual report -- Required information -- In-force illustrations -- Notice of adverse changes.
48.23A.080Illustration actuaries -- Conditions for appointment -- Duties -- Certifications -- Disclosures to commissioner.
48.23A.090Violations -- RCW 48.30.010(1).
48.23A.900Severability -- 1997 c 313.
48.23A.901Effective date -- Application -- 1997 c 313.