Okla. Admin. Code § 365:10-7-12

Current through Vol. 42, No. 8, January 2, 2025

Section 365:10-7-12 - 1980 CSO Tables

For any policy of insurance on the life of either a male or female insured delivered or issued for delivery in this state before January 1, 1989 and after the operative date of 36 O.S. 1981, §4029(H)(4)(k) for that policy form, the following tables shall be used in determining minimum cash surrender values and amount of paid-up nonforfeiture benefits:

(1) a mortality table which is a blend of the 1980 CSO Table (M) and the 1980 CSO Table (F) with or without Ten-Year Select Mortality Factors may at the option of the company be substituted for the 1980 CSO Table, with or without Ten-Year Select Mortality Factors, and

(2) a mortality table which is the same blend as used in (1) of this subsection but applied to form a blend of the 1980 CET Table (M) and the 1980 CET Table (F) may at the option of the company be substituted for the 1980 CET Table

Okla. Admin. Code § 365:10-7-12

Amended at 19 Ok Reg 1294, eff 7-14-02