Chapter 23

Wash. Admin. Code ch. 284-23

Washington Life Insurance Regulations

INSURANCE COMMISSIONER, OFFICE OF THE

284-23-010Title and purpose 284-23-020Definitions 284-23-030Applicability 284-23-040Form and content of advertisements 284-23-050Disclosure requirements 284-23-060Identity of insurer 284-23-070Solicitation beyond license limits and status of insurer 284-23-080Statements about the insurer 284-23-090Advertising file to be maintained 284-23-100Conflict with other rules 284-23-110Violation defined as unfair practice 284-23-200Purpose 284-23-210Scope 284-23-220Definitions 284-23-230Duties of insurers 284-23-235Special plans and solicitation by direct response 284-23-240General rules 284-23-250Failure to comply 284-23-300Background 284-23-310Purpose 284-23-320Scope 284-23-330Contract summary, contents 284-23-340Contract summary, requirements 284-23-350Disclosure requirements 284-23-360General rules 284-23-370Failure to comply 284-23-390Duties of insurers and producers 284-23-400Purpose 284-23-410Definition of replacement 284-23-420Other definitions 284-23-430Exemptions 284-23-440Duties of insurance producers 284-23-450Duties of all insurers 284-23-455Duties of insurers that use insurance producers 284-23-460Duties of insurers with respect to direct-response sales 284-23-480Penalties 284-23-485Form to be used for notice regarding replacement 284-23-550Relationship of death benefits to premiums—Unfair practice defined 284-23-570Deferred annuities with cash surrender benefits—Clarification 284-23-580Insurer must obtain and keep evidence that insured is a key person—Definition of "key person."284-23-600Title 284-23-610Authority, finding, purpose, and scope 284-23-620Definitions 284-23-630Assignees and beneficiaries 284-23-640Criteria for payment 284-23-650Disclosure statement 284-23-660Effective date of the accelerated benefit 284-23-670Waiver of premiums 284-23-680Unfair discrimination 284-23-690Actuarial standards, financing options, effect on cash value, and effect on policy loans 284-23-700Actuarial disclosure and reserves 284-23-710Filing requirements 284-23-720Administrative expenses 284-23-730Resolution of disputes regarding occurrence of qualifying events 284-23-800Purpose and scope 284-23-803Definitions 284-23-806Required procedures and standards for sale of juvenile life insurance policies 284-23-850Purpose and scope 284-23-860Advertising requirements 284-23-870Misleading offers to incentivize behavior 284-23-880Privacy