<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".14" citation="COMAR 31.05.03.14" title_num="31" subtitle_num="05" chapter_num="03" heading="Gender-Blended Tables.">
  <text>An insurer that issues an ordinary life insurance policy for delivery in this State on or after January 1, 2004, that utilizes the same premium rates charged for male and female lives may:</text>
  <paragraph num="A.">
    <text>Substitute a mortality table that is a blend of the 2001 CSO Mortality Table (F) and the 2001 CSO Mortality Table (M) instead of the 2001 CSO Mortality Table for use in determining:</text>
    <paragraph num="(1)">
      <text>Minimum cash surrender values; and</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Amounts of paid-up nonforfeiture benefits;</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>Choose from among the blended tables developed by the American Academy of Actuaries CSO Task Force and adopted by the NAIC in December 2002; and</text>
  </paragraph>
  <paragraph num="C.">
    <text>Issue the same kind of life insurance policy on both a sex-distinct and a sex-neutral basis.</text>
  </paragraph>
</regulation>