N.M. Admin. Code § 13.9.14.24

Current through Register Vol. 35, No. 24, December 23, 2024

Section 13.9.14.24 - ANNUAL REPORT FOR ALL OTHER ILLUSTRATED POLICIES

For all other policies designated as ones for which illustrations will be used, the insurer shall provide each policy owner with an annual report on the status of the policy that shall contain at least the following information, where applicable:

A. current death benefit;

B. annual contract premium;

C. current cash surrender value;

D. current dividend;

E. application of current dividend; and

F. amount of outstanding loan.

N.M. Admin. Code § 13.9.14.24

10/1/98; Recompiled 11/30/01