Illustrated scale definition

Illustrated scale means a scale of non-guaranteed elements currently being illustrated that is not more favorable to the policy owner than the lesser of:
Illustrated scale means a scale of nonguaranteed elements currently being illustrated that is not more favorable to the policyholder than the lesser of the disciplined current scale or the currently payable scale as defined in 191 IAC 14.4(507B).
Illustrated scale means a scale of non−guaranteed ele- ments currently being illustrated that is not more favorable to the policy owner than the lesser of:

More Definitions of Illustrated scale

Illustrated scale means a scale of nonguaranteed elements currently being illustrated that is not more favorable to the policyowner than the lesser of:
Illustrated scale means a scale of non-guaranteed elements currently being illustrated for policies other than variable life insurance, individual and group annuity contracts, credit life insurance, or life insurance policies and certificates with guaranteed death benefits of $10,000 or less, or illustrated death benefits less than $15,000, that is not more favorable to the policy owner than the lesser of:
Illustrated scale means a scale of non-guaranteed elements currently being used by the insurer in an illustration. Illustrated scales are subject to the restrictions in section 6(B)(5).
Illustrated scale means a scale of nonguaranteed elements

Related to Illustrated scale

  • Illustration means a presentation or depiction that includes non-guaranteed elements of a policy of life insurance over a period of years and that is one of the three (3) types defined below:

  • Example If the Vehicle comes with air conditioning, then it must be included with the Vehicle. Air conditioning cannot be deleted because it was not identified as required by the specifications.

  • Competitive integrated employment means work (including self-employment) that is performed on a full-time or part-time basis:

  • Student Generated Content means materials or content created by a student in the services including, but not limited to, essays, research reports, portfolios, creative writing, music or other audio files, photographs, videos, and account information that enables ongoing ownership of student content.