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Name of Proposed Rule: Group Term Life Insurance Uniform Standards for Waiver of Premium While the Employee is Totally Disabled

Subject Matter of Proposed Rule: The Group Term Life Insurance Uniform Standards for Waiver of Premium While the Employee is Totally Disabled (the “Proposed Standards”) apply to waiver of premium benefits that are built into group term life insurance certificates or added to such certificates by rider, endorsement or amendment. The waiver is for premiums due for a covered person in the event that the employee becomes totally disabled under the terms of the certificate. These standards also accommodate a waiver of premium benefit in the event an employee’s spouse becomes totally disabled.

Citation to Published Notices: Notice of this rule was published on March 12, 2013

Name of persons requesting Public Hearing:

Date and Location of Public Hearing, if any: Monday, April 8 during the in-person joint meeting of the Management Committee and Commission at the Hilton Americas. Please reference the Event Calendar for more details.

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 May 11, 2013. Written requests for a public hearing must be received no later than April 1, 2013.

Date Approved by Management Committee: May 20, 2013

Date Adopted by Commission: May 20, 2013

Effective Date of Rule: September 4, 2013

Link to Comments submitted by members and the public: