iiprcdigh11polchange

Name of Proposed Rule: Uniform Standards For Riders, Endorsements Or Amendments Used To Effect Group Disability Income Insurance Policy Changes

Subject Matter of Proposed Rule: The Uniform Standards For Riders, Endorsements Or Amendments Used To Effect Group Disability Income Insurance Policy Changes (the "Proposed Standards") apply to riders, endorsements or amendments that are used to effect group policy changes that are required by state or federal law, that have been requested for a group disability income insurance policy by the policyholder, or that are the result of either party exercising their rights under the group policy. Such policy change forms may be attached to the group disability income insurance policy on the policy date of issue or after the policy date of issue.

Citation to Published Notices: Notice of this rule was published on August 27, 2015

Name of persons requesting Public Hearing:

Date and Location of Public Hearing, if any: November 18, 2015, Gaylord National Convention Center, National Harbor, MD

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until October 27, 2015. Written requests for a public hearing must be received no later than September 16, 2015.

Date Approved by Management Committee: February 24, 2016

Date Adopted by Commission: February 24, 2016

Effective Date of Rule: June 8, 2016

Memos from Product Standards Committee:

Link to Comments submitted by members and the public:

States who have opted out of the Uniform Standards:

  • Connecticut
  • Montana
  • Wyoming
Click to Expand Advance Rulemaking Process: