NAC688A.325. “2001 CSO Mortality Table” defined.

     1. “2001 CSO Mortality Table” means the mortality table, consisting of separate rates of mortality for male and female lives, developed by the CSO Task Force of the American Academy of Actuaries from the 2001 Valuation Basic Mortality Table developed by the Individual Life Insurance Valuation Mortality Task Force of the Society of Actuaries and adopted by the National Association of Insurance Commissioners in December 2002. The 2001 CSO Mortality Table is set forth in the Proceedings of the NAIC (2nd Quarter 2002) and supplemented by the 2001 CSO Preferred Class Structure Mortality Table.

     2. Unless the context otherwise requires, the 2001 CSO Mortality Table includes both the ultimate form of that table and the select and ultimate form of that table, both the smoker and nonsmoker mortality tables and the composite mortality tables. It also includes both the age-nearest-birthday and age-last-birthday bases of the mortality tables. The mortality tables in the 2001 CSO Mortality Table include:

     (a) A table which consists of the rates of mortality for female lives from the 2001 CSO Mortality Table;

     (b) A table which consists of the rates of mortality for male lives from the 2001 CSO Mortality Table;

     (c) Composite mortality tables, which consist of rates of mortality that do not distinguish between smokers and nonsmokers; and

     (d) Smoker and nonsmoker mortality tables, which consist of separate rates of mortality for smokers and nonsmokers.

     3. A copy of the 2001 CSO Mortality Table may be obtained from the Insurance Products and Services Division of the National Association of Insurance Commissioners, 2301 McGee Street, Suite 800, Kansas City, Missouri 64108-2662, by telephone at [phone] or on the Internet at http://www.naic.org/store_home.htm, for the price of $180.

     (Added to NAC by Comm’r of Insurance by R031-08, eff. 8-26-2008)