11 CRR-NY 47.1NY-CRR
11 CRR-NY 47.1
11 CRR-NY 47.1
47.1 Definitions.
As used in this regulation, the following terms shall have the following meanings:
(a) 1980 CSO table, with or without 10-year select mortality factors means that mortality table, consisting of separate rates of mortality for male and female lives, developed by the Society of Actuaries Committee to Recommend New Mortality Tables for Valuation of Standard Individual Ordinary Life Insurance, incorporated in the 1980 National Association of Insurance Commissioners (NAIC) Amendments to the Model Standard Valuation Law and Model Standard Nonforfeiture Law for Life Insurance and referred to in those models as the Commissioners 1980 Standard Ordinary Mortality Table, with or without 10-year select mortality factors.
(b) 1980 CSO table (M), with or without 10-year select mortality factors means that mortality table consisting of the rates of mortality for male lives from the 1980 CSO table, with or without 10-year select mortality factors.
(c) 1980 CSO table (F), with or without 10-year select mortality factors means that mortality table consisting of the rates of mortality for female lives from the 1980 CSO table, with or without 10-year select mortality factors.
(d) 1980 CET table means that mortality table consisting of separate rates of mortality for male and female lives, developed by the Society of Actuaries Committee to Recommend New Mortality Tables for Valuation of Standard Individual Ordinary Life Insurance, incorporated in the 1980 NAIC Amendments to the Model Standard Valuation Law and Model Standard Nonforfeiture Law for Life Insurance, and referred to in those models as the Commissioners 1980 Extended Term Insurance Table.
(e) 1980 CET table (M) means that mortality table consisting of the rates of mortality for male lives from the 1980 CET table.
(f) 1980 CET table (F) means that mortality table consisting of the rates of mortality for female lives from the 1980 CET table.
11 CRR-NY 47.1
Current through July 31, 2021
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.