LAC 37:XIII.3313
LAC 37:XIII.3313. Standards for Supplemental Illustrations
Cite as La. Admin. Code tit. 37, pt. XIII, § 3313
A. A supplemental illustration may be provided so long as:
1. it is appended to, accompanied by, or preceded by a basic illustration that complies with this regulation;
2. the non-guaranteed elements shown are not more favorable to the policy owner than the corresponding elements, based on the scale used in the basic illustration;
3. it contains the same statement required of a basic illustration that non-guaranteed elements are not guaranteed; and
4. for a policy that has a contract premium, the contract premium underlying the supplemental illustration is equal to the contract premium shown in the basic illustration. For policies that do not require a contract premium, the premium outlay underlying the supplemental illustration shall be equal to the premium outlay shown in the basic illustration.
B. The supplemental illustration shall include a notice referring to the basic illustration for guaranteed elements and other important information.