MARVIN MANDEL, Governor                               757

(iv) For group annuity and pure endowment contracts,
excluding any disability and accidental death benefits in
such policies—the Group Annuity Mortality Table for
1951, any modification of such table approved by the
Commissioner, or, at the option of the insurer, any of
the tables or modifications of tables specified for
individual annuity and pure endowment contracts.

(v) For total and permanent disability benefits in
or supplementary to ordinary policies or contracts—for
policies or contracts issued on or after January 1, 1966,
the tables of Period 2 disablement rates and the 1930 to
1950 termination rates of the 1952 Disability Study of
the Society of Actuaries, with due regard to the type of
benefit; for policies or contracts issued on or after
January 1, 1961 and prior to January 1, 1966, either such
tables or, at the option of the insurer, the Class (3)
Disability Table (1926); and for policies issued prior to
January 1, 1961, the Class (3) Disability Table (1926).
Any such table shall, for active lives, be combined with
a mortality table permitted for calculating the reserves
for life insurance policies.

(vi) For accidental death benefits in or
supplementary to policies—for policies issued on or
after January 1, 1966, the 1959 Accidental Death Benefits
Table; for policies issued on or after January 1, 1961,
and prior to January 1, 1966, either such table or, at
the option of the insurer, the Intercompany Double
Indemnity Mortality Table; and for policies issued prior
to January 1, 1961, the Intercompany Double Indemnity
Mortality Table. Either table shall be combined with a
mortality table permitted for calculating the reserves
for life insurance policies,.

(vii) For     group life insurance, life insurance

issued on the     substandard basis and other special

benefits—such       tables as may be approved by the
Commissioner.

(a—2) The minimum standard for the valuation of all
individual annuity and pure endowment contracts issued on
or after the operative date of this paragraph (a—2), as
defined herein, and for all annuities and pure endowments
purchased on or after such operative date under group
annuity and pure endowment contracts, shall be the
Commissioners reserve valuation method defined in
paragraph (b) and the following tables and interest
rates:

(i) For individual annuity and pure endowment
contracts issued prior to January 1, 1986, excluding any
disability and accidental death benefits in such
contracts—the 1971 Individual Annuity Mortality Table,