Regulation

Regulation  211 CMR 28.00: Life insurance illustrations

Date: 09/13/2007
Organization: Division of Insurance
Regulatory Authority: MGL c. 176D
Official Version: Purchase the official print version

211 CMR 28.00 provides rules for life insurance policy illustrations that will protect consumers and foster consumer education. 211 CMR 28.00 provides illustration formats, prescribes standards to be followed when illustrations are used, and specifies the disclosures that are required in connection with illustrations. The goal of 211 CMR 28.00 is to ensure that illustrations do not mislead purchasers of life insurance and to make illustrations more understandable.

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