PARRIS N. GLENDENING, Governor                                   Ch. 36

(2)      A MODIFICATION OF THE GROUP ANNUITY MORTALITY TABLE FOR
1951 APPROVED BY THE COMMISSIONER; OR

(3)      AT THE OPTION OF THE INSURER, ANY OF THE TABLES OR
MODIFICATIONS OF TABLES SPECIFIED BY SUBSECTION (D) OF THIS SECTION FOR
INDIVIDUAL ANNUITY CONTRACTS AND PURE ENDOWMENT CONTRACTS.

(F)      SAME — TOTAL AND PERMANENT DISABILITY BENEFITS.

(1)      FOR TOTAL AND PERMANENT DISABILITY BENEFITS IN OR
SUPPLEMENTARY TO AN ORDINARY POLICY OR CONTRACT, THE APPLICABLE TABLE
FOR THE MINIMUM STANDARD FOR THE VALUATION OF THE POLICY OR CONTRACT
IS:

(I)       IF THE POLICY OR CONTRACT WAS ISSUED ON OR BEFORE
DECEMBER 31, 1960, THE CLASS (3) DISABILITY TABLE (1926);

(II)     IF THE POLICY OR CONTRACT WAS ISSUED ANY TIME FROM
JANUARY 1, 1961 TO DECEMBER 31, 1965, BOTH INCLUSIVE:

1.        THE TABLES SPECIFIED BY ITEM (I) OF THIS PARAGRAPH;
OR

2.        AT THE OPTION OF THE INSURER, THE CLASS (3)
DISABILITY TABLE (1926); AND

(III)    IF THE POLICY OR CONTRACT WAS ISSUED ON OR AFTER
JANUARY 1, 1966:

1.        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; OR

2.        ANY TABLES OF DISABLEMENT RATES AND
TERMINATION RATES ADOPTED AFTER 1980 BY THE NATIONAL ASSOCIATION OF
INSURANCE COMMISSIONERS AND APPROVED BY REGULATION OF THE
COMMISSIONER FOR USE IN DETERMINING THE MINIMUM STANDARD OF
VALUATION FOR THE POLICY OR CONTRACT.

(2)      FOR ACTIVE LIVES, THE TABLE USED UNDER THIS SUBSECTION
SHALL BE COMBINED WITH A MORTALITY TABLE ALLOWED FOR CALCULATING THE
RESERVES FOR LIFE INSURANCE POLICIES.

(G)     SAME — ACCIDENTAL DEATH BENEFITS.

(1) FOR ACCIDENTAL DEATH BENEFITS IN OR SUPPLEMENTARY TO A
POLICY, THE APPLICABLE TABLE FOR THE MINIMUM STANDARD FOR THE
VALUATION OF THE POLICY IS:

(I) IF THE POLICY WAS ISSUED ON OR BEFORE DECEMBER 31, 1960,
THE INTERCOMPANY DOUBLE INDEMNITY MORTALITY TABLE;

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