ARM 6.6.806. ANNUAL NOTICE TO CONTRACT OWNERS

(1) For annuities in the payout period with changes in nonguaranteed elements and for the accumulation period of a deferred annuity, the insurer shall provide each contract owner with a report, at least annually, on the status of the contract that contains at least the following information: (a) the beginning and end date of the current report period; (b) the accumulation and cash surrender value, if any, at the end of the previous report period and at the end of the current report period; (c) the total amounts, if any, that have been credited, charged to the contract value or paid during the current report period; and (d) the amount of outstanding loans, if any, as of the end of the current report period.