6.6.710    STANDARDS FOR BASIC ILLUSTRATIONS - STATEMENTS

(1) Statements substantially similar to the following shall be included on the same page as the numeric summary and signed by the applicant, or the policy owner in the case of an illustration provided at time of delivery, as required in this rule.

(2) A statement to be signed and dated by the applicant or policy owner reading as follows: "I have received a copy of this illustration and understand that any non-guaranteed elements illustrated are subject to change and could be either higher or lower.   The agent has told me they are not guaranteed. "

(3) A statement to be signed and dated by the insurance producer or other authorized representative of the insurer reading as follows: "I certify that this illustration has been presented to the applicant and that I have explained that any non-guaranteed elements illustrated are subject to change.   I have made no statements that are inconsistent with the illustration. "  

History: Sec. 33-20-150, MCA; IMP, Sec. 33-18-202 and 33-20-150, MCA; NEW, 2001 MAR p. 2234, Eff. 1/1/02.