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Minnesota Rules Index (topics)

LIFE INSURANCE

2001 CSO Mortality Table, policy valuation, use for, Minn. Rules 2747.0065, 2748.0010 to 2748.0050

Actuarial opinions

Adverse opinions, Minn. Rules 2711.0240

Adverse or qualified opinions, Minn. Rules 2711.0230

Alternative options, Minn. Rules 2711.0240

Annual statements

Asset adequacy analysis, basis for, Minn. Rules 2711.0230, 2711.0240

Asset adequacy analysis not included, Minn. Rules 2711.0230

Defined, Minn. Rules 2711.0210

Requirements, generally, Minn. Rules 2711.0200, 2711.0220

Appointed actuaries

Defined, Minn. Rules 2711.0210, 2711.0220

Records and record keeping, Minn. Rules 2711.0240

Requirements, generally, Minn. Rules 2711.0220

Asset adequacy analysis

Defined, Minn. Rules 2711.0210

Requirements, Minn. Rules 2711.0200, 2711.0230, 2711.0240

Standards, Minn. Rules 2711.0220

2001 CSO Mortality Table, conditions for use, Minn. Rules 2747.0030

Assumptions, Minn. Rules 2711.0240

Data furnished by other persons, Minn. Rules 2711.0230

Deficiency reserves, calculation, Minn. Rules 2747.0030

Definitions, Minn. Rules 2711.0210

Exemptions, Minn. Rules 2711.0220

Foreign or alien companies, Minn. Rules 2711.0220

Independent reviews, Minn. Rules 2711.0240

Liabilities to be covered, Minn. Rules 2711.0220

Memorandum in support, Minn. Rules 2711.0200, 2711.0240

New issues, claims, or liabilities, assumptions, Minn. Rules 2711.0230

Professional judgment in performing, Minn. Rules 2711.0200

Qualified actuaries, Minn. Rules 2711.0210, 2711.0220

Qualified opinions, Minn. Rules 2711.0240

Records and record keeping, Minn. Rules 2711.0240

Refusal to issue, Minn. Rules 2711.0240

Regulatory asset adequacy issues summary, Minn. Rules 2711.0240, 2747.0030

Requirements, generally, Minn. Rules 2711.0220

Scope of rules, Minn. Rules 2711.0200

Annuities, see ANNUITIES

Applications, filing fees, Minn. Rules 2605.0300

Armed forces members, sales to, false, misleading, deceptive, or unfair practices, Minn. Rules 2753.0100 to 2753.0500

Authority for rules, variable life insurance policies, Minn. Rules 2750.0200

Cash value, variable life insurance policies

Applications, statement, Minn. Rules 2750.4200

Requirements, Minn. Rules 2750.1200, 2750.1300

Certificates and certification, filing fees, Minn. Rules 2605.0300

Charges and rates

Filing fees, Minn. Rules 2605.0300, 2605.0400, 2605.0500

Guaranteed gross premiums, Minn. Rules 2747.0020, 2747.0030

Minimum period for a policy year, Minn. Rules 2747.0050

One-year valuation premium, secondary guarantee period policies, Minn. Rules 2747.0050

Policy fees, deficiency reserve calculations, Minn. Rules 2747.0030

Reentry provisions, valuation exceptions, Minn. Rules 2747.0010

Scheduled gross premiums, defined, Minn. Rules 2747.0020

Specified premiums, Minn. Rules 2747.0050

Tabular cost of insurance, defined, Minn. Rules 2747.0020

Valuation net premiums, Minn. Rules 2747.0030, 2748.0030

Charter policies, defined, Minn. Rules 2700.3100

Contracts

Filing fees, Minn. Rules 2605.0300

Variable basis contracts, Minn. Rules 2747.0010

Credit life insurance, generally, see CREDIT INSURANCE

Death benefits, variable life insurance policies

Applications, statement, Minn. Rules 2750.4200

Requirements, Minn. Rules 2750.1200, 2750.1300

Definitions

Actuarial opinions, Minn. Rules 2711.0210

Life insurance policies, valuation, Minn. Rules 2747.0020, 2747.0050, 2748.0010

Unfair trade practices, Minn. Rules 2700.3100

Variable life insurance policies, Minn. Rules 2750.0100

Discrimination

Contracts, prohibited practices, Minn. Rules 2735.0100 to 2735.0500

Sex-distinct and sex-neutral policies, exception, Minn. Rules 2748.0050

False, misleading, deceptive, or unfair practices, armed forces members, sales to, Minn. Rules 2753.0100 to 2753.0500

Flexible premium policies, variable life insurance policies

Defined, Minn. Rules 2750.0100

Loan provisions, Minn. Rules 2750.1400

Mandatory requirements, Minn. Rules 2750.1300

Reports about, Minn. Rules 2750.4300

Reserve liabilities, Minn. Rules 2750.2201

Group life insurance

Replacement coverage, Minn. Rules 2755.0100 to 2755.0500

Valuation, application of rules, exceptions, Minn. Rules 2747.0010

Guaranteed annual endowments, defined, Minn. Rules 2700.3100

Incidental insurance benefits, variable life insurance policies

Charges, disclosure requirements, Minn. Rules 2750.3700

Defined, Minn. Rules 2750.0100

Mandatory requirements, Minn. Rules 2750.1300

Payment, Minn. Rules 2750.1500

Reserve liabilities, Minn. Rules 2750.2300

Life insurance companies

Actuarial opinions, see same under this topic

Disclosure, variable life insurance, Minn. Rules 2750.3700, 2750.4100

Foreign life insurance companies

Actuarial opinions, Minn. Rules 2711.0220

Modified guaranteed annuities, compliance with rules, Minn. Rules 2751.1100

Variable life insurance, compliance with rules, Minn. Rules 2750.4400

Investments by, variable life insurance, separate accounts, Minn. Rules 2750.3300 to 2750.3600, 2750.4100, 2750.4300

Records and record keeping, actuarial opinions, Minn. Rules 2711.0240

Reports given

Annuity issuers, Minn. Rules 2751.0500, 2751.1000

Variable life insurance, Minn. Rules 2750.4300

Reserves, see same under this topic

Separate accounts

Modified guaranteed annuities, Minn. Rules 2751.0900

Variable life insurance policies, Minn. Rules 2750.3000 to 2750.3700

Marketing standards, Minn. Rules 2790.0100 to 2790.2200

Mortality tables

Composite mortality tables, Minn. Rules 2748.0010, 2748.0030

Gender-blended tables, Minn. Rules 2748.0050

Generally, Minn. Rules 2752.0010 to 2752.0040

Smoker and nonsmoker mortality tables, defined, Minn. Rules 2748.0010

2001 CSO Mortality Table

Application to valuation procedures, Minn. Rules 2747.0065

Defined, Minn. Rules 2748.0010

Incorporation by reference, Minn. Rules 2748.0020

Policies

Changed policies, reserve requirements, Minn. Rules 2747.0030

Contract segmentation method, Minn. Rules 2747.0020

Definitions, unfair trade practices, Minn. Rules 2700.3100

Endorsements, filing fees, Minn. Rules 2605.0300, 2605.0500

Filing fees, generally, Minn. Rules 2605.0300, 2605.0400, 2605.0500

Forms, name or title requirements, Minn. Rules 2700.3200

Gender-blended mortality tables, Minn. Rules 2748.0050

Group life insurance certificates, valuation, application of rules, exceptions, Minn. Rules 2747.0010

Juvenile policies, unitary reserves exemptions, Minn. Rules 2747.0040

Reentry provisions, valuation, application of rules, exceptions, Minn. Rules 2747.0010

Riders, filing fees, Minn. Rules 2605.0300

Secondary guarantee period, Minn. Rules 2747.0010, 2747.0050

Secondary guarantee policies, Minn. Rules 2747.0050, 2748.0040

Sex-distinct or sex-neutral policies, Minn. Rules 2748.0050

Term life insurance, attained-age-based yearly renewable policies, reserves, optional exemption, Minn. Rules 2747.0040

Universal life policies

Defined, Minn. Rules 2747.0020

Scheduled gross premiums, Minn. Rules 2747.0020

Valuation, application of rules, exceptions, Minn. Rules 2747.0010, 2747.0040

Valuation, see same under this topic

Variable life insurance policies, see same under this topic

Policyholders, reports received

Modified guaranteed annuities, Minn. Rules 2751.1000

Variable life insurance policies, Minn. Rules 2750.4300

Premium financing plans, defined, Minn. Rules 2700.3100

Premiums, see Charges and rates under this topic

Profit-sharing policies, defined, Minn. Rules 2700.3100

Refunds, filing fees, prohibited, Minn. Rules 2605.0400

Regional treatment center clients, personal property, exclusion, Minn. Rules 9515.2500

Reinsurance

Actuarial opinions, see same under this topic

Term reinsurance, yearly renewable, optional reserves exemption, Minn. Rules 2747.0040

Replacement insurance, group life insurance, Minn. Rules 2755.0100 to 2755.0500

Reporting, deficiency reserves, actuarial reports, Minn. Rules 2747.0030

Reserves

Actuarial opinions, see same under this topic

Adequacy, documentation, Minn. Rules 2747.0030

Attained-age-based yearly renewable term life insurance policies, optional exemption, Minn. Rules 2747.0040

Basic reserves

Calculation, Minn. Rules 2747.0030, 2747.0040, 2748.0040

Generally, Minn. Rules 2747.0040

Gross premiums and policy fees, Minn. Rules 2747.0030

Minimum reserve liabilities, computation, Minn. Rules 2747.0030

Secondary guarantee, Minn. Rules 2747.0050

2001 CSO Mortality Table, Minn. Rules 2747.0065

Yearly renewable term reinsurance, optional exemption, Minn. Rules 2747.0040

Changed policies, Minn. Rules 2747.0030

Deficiency reserves

Actuarial opinions and reports, Minn. Rules 2747.0030

Calculation, Minn. Rules 2747.0030, 2747.0040, 2748.0040

Generally, Minn. Rules 2747.0040

Gross premiums and policy fees, Minn. Rules 2747.0030

Secondary guarantees, Minn. Rules 2747.0050

Select mortality factors, use, Minn. Rules 2747.0030

Definitions, Minn. Rules 2747.0020

Guaranteed cash surrender values, unusual pattern, Minn. Rules 2747.0040

Minimum mortality standard, Minn. Rules 2747.0030

Minimum reserves, secondary guarantee period, Minn. Rules 2747.0050

Modified guaranteed annuities, Minn. Rules 2751.0800

Secondary guarantee period policies, Minn. Rules 2747.0050, 2748.0040

Segmented reserves, Minn. Rules 2747.0020, 2747.0030

Select mortality factors, use, Minn. Rules 2747.0030

Standard valuation, Minn. Rules 2747.0020

Unitary reserves, Minn. Rules 2747.0040

Variable life insurance policies, Minn. Rules 2750.2100 to 2750.2300

Yearly renewable term reinsurance, optional exemption, Minn. Rules 2747.0040

Risk, defined, Minn. Rules 2700.3100

Rules, filing fees, Minn. Rules 2605.0500

Sales, false, misleading, deceptive, or unfair practices, sales to armed forces members, Minn. Rules 2753.0100 to 2753.0500

Scheduled premium policies, variable life insurance policies

Defined, Minn. Rules 2750.0100

Loan provisions, Minn. Rules 2750.1400

Mandatory requirements, Minn. Rules 2750.1300

Reserve liabilities, Minn. Rules 2750.2200

Scope of rules

Valuation, Minn. Rules 2747.0020

Variable life insurance policies, Minn. Rules 2750.0200

Select mortality factors

Election for use, Minn. Rules 2747.0030

Female, Minn. Rules 2747.0060

Male, Minn. Rules 2747.0060

One-year valuation premiums, use for calculation prohibited, Minn. Rules 2747.0050

Sex-blended tables, Minn. Rules 2747.0060

Smoker and nonsmoker mortality tables, Minn. Rules 2748.0010, 2748.0030

Ten-year, Minn. Rules 2747.0020, 2747.0030

Separate accounts, Minn. Rules 2747.0010

State nursing home residents, personal property, exclusion, Minn. Rules 9515.2500

Term life insurance, policies, see Policies under this topic

Unfair or deceptive trade practices

Agents, solicitors, and brokers, Minn. Rules 2700.3100 to 2700.3400

Definitions, Minn. Rules 2700.3100

Generally, Minn. Rules 2700.3200

Policies, Minn. Rules 2700.3100 to 2700.3400

Unfair trade practices

Generally, Minn. Rules 2700.3100 to 2700.3400

Sex-distinct and sex-neutral policies, exception, Minn. Rules 2748.0050

Violations and penalties, Minn. Rules 2700.3300

Valuation

Application of rules, Minn. Rules 2747.0010

CSO valuation tables (1980), defined, Minn. Rules 2747.0020

Definitions, Minn. Rules 2747.0020

Maximum valuation interest rates, defined, Minn. Rules 2747.0020

Minimum valuation standards

Calculation, Minn. Rules 2747.0010

Fixed premium universal life insurance policies, Minn. Rules 2747.0010, 2747.0050

Flexible premium universal life insurance policies, Minn. Rules 2747.0010, 2747.0050

Guaranteed nonlevel benefits other than universal life policies, Minn. Rules 2747.0010, 2747.0040

Guaranteed nonlevel gross premiums, Minn. Rules 2747.0010, 2747.0040

2001 CSO Mortality Table, Minn. Rules 2747.0065, 2748.0010 to 2748.0050

Mortality tables, election for use in calculation, Minn. Rules 2747.0030, 2747.0065, 2748.0010 to 2748.0050

Scope of rules, Minn. Rules 2747.0020

Standards

Effective date, Minn. Rules 2747.0060

Guaranteed nonlevel benefits policies, Minn. Rules 2747.0040

Guaranteed nonlevel gross premiums policies, Minn. Rules 2747.0040

Secondary guarantee period policies, Minn. Rules 2747.0050

Variable basis contracts, valuation, application of rules, exceptions, Minn. Rules 2747.0010

Variable life insurance policies

Agents, qualification, Minn. Rules 2750.4500

Application of rules, Minn. Rules 2750.0300, 2750.3000

Applications, Minn. Rules 2750.4100, 2750.4200

Authority for rules, Minn. Rules 2750.0200

Automatic premium loans, Minn. Rules 2750.1500

Benefit requirements, Minn. Rules 2750.1200

Cash value, Minn. Rules 2750.1200, 2750.1300, 2750.4200

Death benefits, Minn. Rules 2750.1200, 2750.1300, 2750.4200

Definitions, Minn. Rules 2750.0100

Design requirements, Minn. Rules 2750.1200

Filing, Minn. Rules 2750.0300, 2750.3600, 2750.4500

Foreign life insurance companies, compliance with rules, Minn. Rules 2750.4400

Form, conformance with statutes, Minn. Rules 2750.1100

Information about, Minn. Rules 2750.4100

Insurers, generally, Minn. Rules 2750.0300

Loan provisions, Minn. Rules 2750.1400

Nonforfeiture provisions, Minn. Rules 2750.1300

Participating basis provisions, Minn. Rules 2750.1500

Premiums, mandatory provisions, Minn. Rules 2750.1300

Provisions, Minn. Rules 2750.1300 to 2750.1500

Reports about, Minn. Rules 2750.4300

Requirements, generally, Minn. Rules 2750.1300

Reserve liabilities, Minn. Rules 2750.2100 to 2750.2300

Sale, qualifications of agents, Minn. Rules 2750.4500

Scope of rules, Minn. Rules 2750.0200

Separate accounts

Amounts, Minn. Rules 2750.3200

Application of rules, Minn. Rules 2750.3000

Charges against, Minn. Rules 2750.3700

Investments by, Minn. Rules 2750.3300, 2750.3600

Ownership, Minn. Rules 2750.3400

Requirements, generally, Minn. Rules 2750.3100

Valuation, Minn. Rules 2750.3500

Suicide exclusions, Minn. Rules 2750.1500

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