National Standards Working Group
National Standards Working Group
Executive (EX) Committee Task Forces and Working Groups Summary Report
Winter 2009 Meeting Summaries Index

The following subgroups of National Standards (EX) Working Group have had weekly conference calls since the Fall National Meeting.

During its conference calls, the Annuity Subgroup:

  • Completed its work on the Individual Deferred Paid-Up Non-Variable Annuity Contract Standards (Commonly Marketed as Longevity Annuities) and proposed revisions to the Individual Deferred Non-Variable Annuity Contract Standards.

During its conference calls, the Life Subgroup:

  • Continued its work on the Group Term Life Insurance Policy and Certificate Standards.

During its conference calls, the Long Term Care Insurance Subgroup:

  • Completed its work on the Individual Long Term Care Insurance Standards and is in recess until draft group standards become available.

During its conference calls, the Disability Income Insurance Subgroup:

  • Continued its work on  Individual Disability Income Insurance standards as applicable to Disability Income Plans, Buy-Sell Plans, Key Person Plans, Business Overhead Expense Plans and Individual Plans Marketed to Employer or Association Groups and  Individual Disability Business Overhead Expense Plan Standards. 
 

Minutes are available approximately two weeks after the meeting concludes.

Minutes are available free for meeting attendees using the User ID and Password supplied by the NAIC. Members may access minutes via StateNet. Non-attendees and those requiring minutes from previous meetings, may purchase the Proceedings of the NAIC through the NAIC Store.