1. A. A supplemental illustration may be provided if:

   1. (1) It is appended to, accompanied by, or preceded by a basic illustration that complies with this chapter;
   2. (2) The nonguaranteed elements shown are not more favorable to the policy owner than the corresponding elements based on the scale used in the basic illustration;
   3. (3) It contains the same statement required of a basic illustration that nonguaranteed elements are not guaranteed; and

   4. (4) For a policy that:

      1. (a) Has a contract premium, the contract premium underlying the supplemental illustration is equal to the contract premium shown in the basic illustration, or
      2. (b) Does not require a contract premium, the premium outlay underlying the supplemental illustration is equal to the premium outlay shown in the basic illustration.
2. B. The supplemental illustration shall include a notice referring to the basic illustration for guaranteed elements and other important information.

Authority: Insurance Article, §§2-109, 27-202, and 27-203, Annotated Code of Maryland

Effective date: January 1, 1998 (24:23 Md. R. 1610)

Chapter recodified from COMAR 09.31.27 to COMAR 31.09.09 effective September 7, 1998 (25:18 Md. R. 1439)