1. (a) An insurer may elect to use a gender-blended mortality table for determining minimum cash surrender values and amounts of paid-up nonforfeiture benefits for each plan of insurance if the

   1. (1) same premium rates and charges are used for male and female lives; or
   2. (2) insurer is prohibited by law from using mortality rates that differ by gender.
2. (b) An insurer may issue the same type of life insurance policy on both a sex-distinct and sex-neutral basis.
3. (c) For purposes of this section, "gender-blended mortality table" is a mortality table that is a blend of the male 2001 CSO Mortality Table and the female 2001 CSO Mortality Table.

(Eff. 1/1/2005, Register 172)