Mass. Gen. Laws ch. 175 § 146
The provisions of section one hundred and forty-four shall, except as hereinafter provided, apply to any policy of industrial life insurance issued or delivered in the commonwealth by any life company.
The provisions of said section one hundred and forty-four relative to cash surrender values shall be applicable to industrial life insurance policies only after the premiums thereon have been paid for five full years.
All adjusted premiums for and the present values of any such policy issued on a standard basis prior to January first, nineteen hundred and sixty-eight shall be computed on the basis of the "1941 Standard Industrial Mortality Table". In the case of such policies issued on or after January first, nineteen hundred and sixty-eight, all such adjusted premiums and present values shall be computed on the basis of the "Commissioners 1961 Standard Industrial Mortality Table", and in computing the present value of any extended term insurance with accompanying pure endowment, if any, the rates of mortality assumed may be not more than those shown in the "Commissioners 1961 Industrial Extended Term Insurance Table".
Mass. Gen. Laws ch. 175, § 146