The intent or purpose of this rule is as follows:

1. (1) It is found and determined by the Insurance Commissioner that the payment of overwriting commissions beyond a period of ten (10) years is:

   1. (A) Unfair;
   2. (B) Unreasonable; and
   3. (C) Not in the best interest of insurers; and

2. (2) This rule is intended to:

   1. (A) Provide a reasonable period, the formative years of a domestic life insurer, during which officers or directors may receive overwriting commissions; and
   2. (B) Prevent payment of overwriting commissions for indefinite periods contrary to the best interests of the insurer.