Rule 19-2-13.08 - Standards for Supplemental IllustrationsA. A supplemental illustration may be provided so long as: 1. It is appended to, accompanied by or preceded by as basicIllustration that complies with this regulation.2. The non-guaranteed elements shown are not more favorable to the policy owner that the corresponding elements based on the scaleused in the basic illustration.3. It contains the same statement required of a basic illustration that non-guaranteed elements are not guaranteed; and4. For a policy that has a contract premium, the contract premiumunderlying the supplemental illustration is equal to the contractpremium shown in the basic illustration. For policies that do notrequire a contract premium, the premium outlay underlying the supplemental illustration shall be equal to the premium outlayshown in the basic illustration.B. The Supplemental illustration shall include a notice referring to the basicillustration for guaranteed elements and other important information.19 Miss. Code. R. 2-13.08
Miss. Code Ann. §§ 83-5-37; 83-5-1 (Rev. 2011)