Ohio Administrative Code Search

...in the superintendent under sections 3901.041, 3905.12, 3905.47 to 3905.473 of the Revised Code. (C) Insurance navigator certification (1) An individual applying for certification as an insurance navigator must comply with the requirements contained in section 3905.471 of the Revised Code. (2) An individual applying for certification shall do all of the following: (a) Complete at least twenty-...

...in the superintendent under sections 3901.041, 3905.12, 3905.47 to 3905.473 of the Revised Code. (C) Insurance navigator certification (1) An individual applying for certification as an insurance navigator must comply with the requirements contained in section 3905.471 of the Revised Code. (2) An individual applying for certification shall do all of the following: (a) The applicant shall compl...

...ent's authority pursuant to section 3901.041 of the Revised Code. The purpose of this rule is to implement and interpret applicable statutes including sections 3901.19 to 3901.23, 3915.14, 3999.04, 3999.05, 3999.08 and 3999.10 of the Revised Code by identifying and prohibiting certain statements, illustrations, advertisements, circulars, acts, practices and contract forms or unfair, deceptive and unsound methods of ...

...in the superintendent under sections 3901.041, 3901.21, and 3901.212 of the Revised Code. (C) Applicability This rule applies to all life insurance and annuity products solicited, marketed, or sold in this state. (D) Prohibition of misleading policies In reviewing policies for approval or disapproval, the superintendent may consider the titles, terms and text of that policy and request and review ...

...in the superintendent under sections 3901.041 and 3901.21 of the Revised Code. (C) Scope This rule applies to all group and individual life insurance policies and certificates except: (1) Variable life insurance; (2) Individual and group annuity contracts; (3) Credit life insurance; or (4) Life insurance policies with illustrated death benefits on any individual not exceeding ten tho...

...in the superintendent under sections 3901.041 and 3901.21 of the Revised Code. (C) Scope This rule applies to all group and individual life insurance policies and certificates except: (1) Variable life insurance; (2) Individual and group annuity contracts; (3) Credit life insurance; or (4) Life insurance policies with illustrated death benefits on any individual not exceeding ten tho...

...pose The purpose of this rule is to: (1) Regulate the activities of insurers and agents with respect to the replacement of existing life insurance and annuities. (2) Protect the interests of life insurance and annuity purchases by establishing minimum standards of conduct to be observed in replacement or financed purchase transactions. It will: (a) Assure that purchasers receive information with which a decision ...

...pose The purpose of this rule is to: (1) Regulate the activities of insurers and agents with respect to the replacement of existing life insurance and annuities. (2) Protect the interests of life insurance and annuity purchases by establishing minimum standards of conduct to be observed in replacement or financed purchase transactions. It will: (a) Assure that purchasers receive information wi...

...in the superintendent under sections 3901.041 and 3915.24 of the Revised Code. (C) Scope This rule shall apply to all accelerated death benefit provisions of individual and group life insurance policies issued or delivered in this state on or after the effective date of this rule. This rule shall not apply to long-term care insurance or products providing long-term care benefits that are subject...

...in the superintendent under sections 3901.041 and 3915.24 of the Revised Code. (C) Scope This rule shall apply to all accelerated death benefit provisions of individual and group life insurance policies issued or delivered in this state on or after the effective date of this rule. This rule shall not apply to long-term care insurance or products providing long-term care benefits that are subject...

...in the superintendent under sections 3901.041, 3903.72 to 3903.7211, 3915.05, 3915.07 to 3915.073, 3915.09, 3915.14, and 3921.16 of the Revised Code. (C) Scope This rule applies to all individual universal life insurance policies and group universal life insurance certificates except those policies defined under paragraph (C)(19) of rule 3901-6-08 of the Administrative Code (variable life insura...

...in the superintendent under sections 3901.041, 3903.72 to 3903.7211, 3915.05, 3915.07 to 3915.073, 3915.09, 3915.14, and 3921.16 of the Revised Code. (C) Scope This rule applies to all individual universal life insurance policies and group universal life insurance certificates except those policies defined under paragraph (C)(19) of rule 3901-6-08 of the Administrative Code (variable life insura...

...f this rule is to amplify sections 3907.15 and 3911.01 of the Revised Code to provide for the regulation of fixed premium and flexible premium variable life insurance policies. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3901.041 of the Revised Code. (C) Definitions (1) "Affiliate of an insurer" means any person, directly or indirectly, controlling, ...

...f this rule is to amplify sections 3907.15 and 3911.01 of the Revised Code to provide for the regulation of fixed premium and flexible premium variable life insurance policies. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3901.041 of the Revised Code. (C) Definitions (1) "Affiliate of an insurer" means any person, directly or indirectly, controlling, ...

...(A) Purpose (1) The purpose of this rule is to provide: (a) Tables of select mortality factors and rules for their use; (b) Rules concerning a minimum standard for the valuation of plans with non-level premiums or benefits; and (c) Rules concerning a minimum standard for the valuation of plans with secondary guarantees. (2) The method for calculating basic reserves defined in this rule will c...

...(A) Purpose (1) The purpose of this rule is to provide: (a) Tables of select mortality factors and rules for their use; (b) Rules concerning a minimum standard for the valuation of plans with non-level premiums or benefits; and (c) Rules concerning a minimum standard for the valuation of plans with secondary guarantees. (2) The method for calculating basic reserves defined in this rule will c...

...his rule is to implement sections 3915.07, 3915.071, and 3903.72 of the Revised Code by permitting the use of mortality tables that reflect differences in mortality between smokers and nonsmokers in determining minimum reserve liabilities and minimum cash surrender values and amounts of paid-up nonforfeiture benefits for plans of insurance with separate premium rates for smokers and nonsmokers. (...

...his rule is to implement sections 3915.07, 3915.071, and 3903.72 of the Revised Code by permitting the use of mortality tables that reflect differences in mortality between smokers and nonsmokers in determining minimum reserve liabilities and minimum cash surrender values and amounts of paid-up nonforfeiture benefits for plans of insurance with separate premium rates for smokers and nonsmokers. (...

...s rule is issued pursuant to section 3901.041 of the Revised Code. (B) Purpose The purpose of this rule is to implement section 3915.071 of the Revised Code by permitting individual life insurance policies to provide the same cash surrender values and paid-up nonforfeiture benefits to both men and women. No change in minimum valuation standards is implied by this rule. (C) Definitions (1) "Com...

... of this rule is to implement section 3915.071 of the Revised Code by permitting individual life insurance policies to provide the same cash surrender values and paid-up nonforfeiture benefits to both men and women. No change in minimum valuation standards is implied by this rule. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3901.041 of the Revised Code...

...mit and prescribe the use of the 2001 commissioners standard ordinary (CSO) mortality table in accordance with sections 3903.723 and 3915.071 of the Revised Code and rule 3901-6-10 of the Administrative Code (valuation of life insurance policies). (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041, 3903.723, and 3915.071 of t...

...zed companies an alternative to rule 3901-6-11 of the Administrative Code, by recognizing, permitting and prescribing the use of mortality tables that reflect differences in mortality between preferred and standard lives in determining minimum reserve liabilities in accordance with sections 3903.723 and 3915.071 of the Revised Code and rule 3901-6-10 of the Administrative Code (valuation of insurance policies). (B) ...

...(A) Purpose (1) The purpose of this rule is to require insurance agents, as defined in this rule, to act in the best interest of the consumer when making a recommendation of an annuity and to require insurers, including fraternal benefit societies, to establish and maintain a system to supervise recommendations so that the insurance needs and financial objectives of consumers, at the time of the ...

...in the superintendent under sections 3901.041 and 3901.19 to 3901.21 of the Revised Code. (C) Applicability and scope This rule applies to all group and individual annuity contracts and certificates except: (1) Immediate and deferred annuities that contain no non-guaranteed elements; (2) Annuities used to fund: (a) An employee pension that is covered by the Employee Retirement and Income Security Act of 1974 (29...

...in the superintendent under sections 3901.041 and 3901.19 to 3901.21 of the Revised Code. (C) Applicability and scope This rule applies to all group and individual annuity contracts and certificates except: (1) Immediate and deferred annuities that contain no non-guaranteed elements; (2) Annuities used to fund: (a) An employee pension that is covered by the Employee Retirement and Income Security Act of 1974 (29...