Minnesota Statutes
§ 61A.725 — STANDARDS FOR SUPPLEMENTAL ILLUSTRATIONS
Minnesota § 61A.725
This text of Minnesota § 61A.725 (STANDARDS FOR SUPPLEMENTAL ILLUSTRATIONS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 61A.725 (2026).
Text
(a)A supplemental illustration may be provided so long as:
(1)it is appended to, accompanied by, or preceded by a basic illustration that complies with sections61A.70to61A.745;
(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)it contains the same statement required of a basic illustration that nonguaranteed elements are not guaranteed; and
(4)for a policy that has a contract premium, the contract premium underlying the supplemental illustration is equal to the contract premium shown in the basic illustration. For policies that do not require a contract premium, the premium outlay underlying the supplemental illustration must be equal to the premium outlay shown in the ba
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Legislative History
2007 c 104 s 11
Nearby Sections
15
§ 61A.01
LIFE INSURANCE COMPANY DEFINED§ 61A.011
INTEREST ON UNPAID BENEFITS§ 61A.012
ANNUAL NOTICE REQUIRED§ 61A.02
FORMS OF POLICY§ 61A.031
SUICIDE PROVISIONS§ 61A.04
SPENDTHRIFT PROVISIONS§ 61A.07
PROHIBITED PROVISIONS§ 61A.071
APPLICATIONS§ 61A.072
ACCELERATED BENEFITS§ 61A.08
EXCEPTIONS§ 61A.09
GROUP LIFE INSURANCECite This Page — Counsel Stack
Bluebook (online)
Minnesota § 61A.725, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/61A/61A.725.