reglab/housing_qa huggingface dataset:
WA Rev Code § 48.23A.020 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.23A - Life Insurance Policy Illustrations.|48.23A.020 - Marketing with or without an illustration—Notice to commissioner—Conditions—Availability.

RCW 48.23A.020 Marketing with or without an illustration—Notice to commissioner—Conditions—Availability.(1) Each insurer marketing policies to which this chapter is applicable shall notify the commissioner whether a policy form is to be marketed with or without an illustration. For all policy forms being actively marketed on January 1, 1998, the insurer shall identify in writing those forms and whether or not an illustration will be used with them. For policy forms filed after January 1, 1998, the identification shall be made at the time of filing. Any previous identification may be changed by notice to the commissioner.(2) If the insurer identifies a policy form as one to be marketed without an illustration, any use of an illustration for any policy using that form prior to the first policy anniversary is prohibited.(3) If a policy form is identified by the insurer as one to be marketed with an illustration, a basic illustration prepared and delivered in accordance with this chapter is required, except that a basic illustration need not be provided to individual members of a group or to individuals insured under multiple lives coverage issued to a single applicant unless the coverage is marketed to these individuals. The illustration furnished an applicant for a group life insurance policy or policies issued to a single applicant on multiple lives may be either an individual or composite illustration representative of the coverage on the lives of members of the group or the multiple lives covered.(4) Potential enrollees of nonterm group life subject to this chapter shall be furnished a quotation with the enrollment materials. The quotation shall show potential policy values for sample ages and policy years on a guaranteed and nonguaranteed basis appropriate to the group and the coverage. This quotation is not considered an illustration for purposes of this chapter, but all information provided shall be consistent with the illustrated scale. A basic illustration shall be provided at delivery of the certificate to enrollees for nonterm group life who enroll for more than the minimum premium necessary to provide pure death benefit protection. In addition, the insurer shall make a basic illustration available to any nonterm group life enrollee who requests it.[ 1997 c 313 § 4.]
WA Rev Code § 48.23A.030 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.23A - Life Insurance Policy Illustrations.|48.23A.030 - Illustration used in sale—Label—Required basic information—Prohibitions—Use of interest rate.

RCW 48.23A.030 Illustration used in sale—Label—Required basic information—Prohibitions—Use of interest rate.(1) An illustration used in the sale of a life insurance policy shall satisfy the applicable requirements of this chapter, be clearly labeled "life insurance illustration," and contain the following basic information:(a) Name of insurer;(b) Name and business address of producer or insurer's authorized representative, if any;(c) Name, age, and sex of proposed insured, except where a composite illustration is permitted under this chapter;(d) Underwriting or rating classification upon which the illustration is based;(e) Generic name of policy, the company product name, if different, and form number;(f) Initial death benefit; and(g) Dividend option election or application of nonguaranteed elements, if applicable.(2) When using an illustration in the sale of a life insurance policy, an insurer or its producers or other authorized representatives shall not:(a) Represent the policy as anything other than life insurance policy;(b) Use or describe nonguaranteed elements in a manner that is misleading or has the capacity or tendency to mislead;(c) State or imply that the payment or amount of nonguaranteed elements is guaranteed;(d) Use an illustration that does not comply with the requirements of this chapter;(e) Use an illustration that at any policy duration depicts policy performance more favorable to the policy owner than that produced by the illustrated scale of the insurer whose policy is being illustrated;(f) Provide an applicant with an incomplete illustration;(g) Represent in any way that premium payments will not be required for each year of the policy in order to maintain the illustrated death benefits, unless that is the fact;(h) Use the term "vanish" or "vanishing premium," or a similar term that implies the policy becomes paid up, to describe a plan for using nonguaranteed elements to pay a portion of future premiums;(i) Except for policies that can never develop nonforfeiture values, use an illustration that is "lapse-supported"; or(j) Use an illustration that is not "self-supporting."(3) If an interest rate used to determine the illustrated nonguaranteed elements is shown, it shall not be greater than the earned interest rate underlying the disciplined current scale.[ 1997 c 313 § 5.]
WA Rev Code § 48.23A.050 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.23A - Life Insurance Policy Illustrations.|48.23A.050 - Supplemental illustration—Conditions for use—Reference to basic illustration.

RCW 48.23A.050 Supplemental illustration—Conditions for use—Reference to basic illustration.(1) A supplemental illustration may be provided so long as:(a) It is appended to, accompanied by, or preceded by a basic illustration that complies with this chapter;(b) 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;(c) It contains the same statement required of a basic illustration that nonguaranteed elements are not guaranteed; and(d) 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 shall be equal to the premium outlay shown in the basic illustration.(2) The supplemental illustration shall include a notice referring to the basic illustration for guaranteed elements and other important information.[ 1997 c 313 § 7.]
WA Rev Code § 48.23A.090 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.23A - Life Insurance Policy Illustrations.|48.23A.090 - Violations—RCW 48.30.010(1).

RCW 48.23A.090 Violations—RCW 48.30.010(1).In addition to any other penalties provided by law, an insurer or producer that violates a requirement of this chapter is guilty of a violation of RCW 48.30.010(1).[ 1997 c 313 § 11.]
WA Rev Code § 48.23A.901 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.23A - Life Insurance Policy Illustrations.|48.23A.901 - Effective date—Application—1997 c 313.

RCW 48.23A.901 Effective date—Application—1997 c 313.This act takes effect January 1, 1998, and applies to policies sold on or after January 1, 1998.[ 1997 c 313 § 13.]
WA Rev Code § 48.24.010 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.24 - Group Life and Annuities.|48.24.010 - Group requirements.

RCW 48.24.010 Group requirements.(1) No contract of life insurance shall hereafter be delivered or issued for delivery in this state insuring the lives of more than one individual unless to one of the groups as provided for in this chapter, and unless in compliance with the other provisions of this chapter.(2) Subsection (1) of this section shall not apply to contracts of life insurance(a) insuring only individuals related by marriage, by blood, or by legal adoption; or(b) insuring only individuals having a common interest through ownership of a business enterprise, or of a substantial legal interest or equity therein, and who are actively engaged in the management thereof; or(c) insuring the lives of employees and retirees under contracts executed with the state health care authority under the provisions of chapter 41.05 RCW.[ 1988 c 107 § 22; 1973 1st ex.s. c 147 § 11; 1947 c 79 § .24.01; Rem. Supp. 1947 § 45.24.01.]NOTES:Implementation—Effective dates—1988 c 107: See RCW 41.05.901.Effective date—Effect of veto—Savings—Severability—1973 1st ex.s. c 147: See notes following RCW 41.05.050.
WA Rev Code § 48.24.020 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.24 - Group Life and Annuities.|48.24.020 - Employee groups.

RCW 48.24.020 Employee groups.The lives of a group of individuals may be insured under a policy issued to an employer, or to the trustees of a fund established by an employer, which employer or trustee is deemed the policyholder, insuring employees of the employer for the benefit of persons other than the employer, subject to the following requirements:(1) The employees eligible for insurance under the policy shall be all of the employees of the employer, or all of any class or classes thereof determined by conditions pertaining to their employment. The policy may provide that the term "employees" shall include the employees of one or more subsidiary corporations, and the employees, individual proprietors, and partners of one or more affiliated corporations, proprietors or partnerships if the business of the employer and of such affiliated corporations, proprietors or partnerships is under common control through stock ownership, contract or otherwise. The policy may provide that the term "employees" shall include the individual proprietor or partners if the employer is an individual proprietor or a partnership. The policy may provide that the term "employees" shall include retired employees.(2) The premium for the policy shall be paid by the policyholder, either wholly from the employer's funds or funds contributed by him or her, or partly from such funds and partly from funds contributed by the insured employees, or from funds contributed entirely by the insured employees. A policy on which no part of the premium is to be derived from funds contributed by the insured employees must insure all eligible employees, or all except any as to whom evidence of individual insurability is not satisfactory to the insurer.(3) The policy must cover at least two employees at date of issue.(4) The amounts of insurance under the policy must be based upon some plan precluding individual selection either by the employees or by the employer or trustees.[ 2005 c 222 § 1; 1955 c 303 § 29; 1947 c 79 § .24.02; Rem. Supp. 1947 § 45.24.02.]
WA Rev Code § 48.24.025 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.24 - Group Life and Annuities.|48.24.025 - Payment of premium by employee when compensation suspended due to labor dispute.

RCW 48.24.025 Payment of premium by employee when compensation suspended due to labor dispute.Any employee whose compensation includes group life insurance, the premiums for which are paid in full or in part by an employer including the state of Washington, its political subdivisions, or municipal corporations, or paid by payroll deduction, may pay the premiums as they become due directly to the policyholder whenever the employee's compensation is suspended or terminated directly or indirectly as the result of a strike, lockout, or other labor dispute, for a period not exceeding six months and at the rate and coverages as the policy provides. During that period of time the policy may not be altered or changed. Nothing in this section shall be deemed to impair the right of the insurer to make normal decreases or increases of the premium rate upon expiration and renewal of the policy, in accordance with the provisions of the policy. Thereafter, if such insurance coverage is no longer available, then the employee shall be given the opportunity to purchase an individual policy at a rate consistent with rates filed by the insurer with the commissioner. When the employee's compensation is so suspended or terminated, the employee shall be notified immediately by the policyholder in writing, by mail addressed to the address last on record with the policyholder, that the employee may pay the premiums to the policyholder as they become due as provided in this section.Payment of the premiums must be made when due or the insurance coverage may be terminated by the insurer.The provisions of any insurance policy contrary to provisions of this section are void and unenforceable after May 29, 1975.[ 1975 1st ex.s. c 117 § 2.]NOTES:Severability—1975 1st ex.s. c 117: See note following RCW 48.21.075.
WA Rev Code § 48.24.027 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.24 - Group Life and Annuities.|48.24.027 - Offering group life insurance to state residents—Commissioner's findings.

RCW 48.24.027 Offering group life insurance to state residents—Commissioner's findings.(1) Group life insurance offered to a resident of this state under a group life insurance policy may be issued to a group other than one described in RCW 48.24.020, 48.24.035, 48.24.040, 48.24.045, 48.24.050, 48.24.060, 48.24.070, 48.24.080, 48.24.090, or 48.24.095 subject to the requirements in this subsection. No such group life insurance policy may be delivered in this state unless the commissioner finds that:(a) The issuance of the group policy is not contrary to the best interest of the public;(b) The issuance of the group policy would result in economies of acquisition or administration; and(c) The benefits are reasonable in relation to the premiums charged.(2) No such group life insurance coverage may be offered under this section in this state by an insurer under a policy issued in another state unless the commissioner or the insurance commissioner of another state having requirements substantially similar to those contained in subsection (1)(a) through (c) of this section has made a determination that the requirements have been met.(3) The premium for the policy shall be paid either from the policyholder's funds or from funds contributed by the covered persons, or from both.[ 2010 c 13 § 1.]
WA Rev Code § 48.24.030 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.24 - Group Life and Annuities.|48.24.030 - Dependents of employees or members of certain groups.

RCW 48.24.030 Dependents of employees or members of certain groups.(1) Insurance under any group life insurance policy issued under RCW 48.24.020, 48.24.050, 48.24.060, 48.24.070, 48.24.090, or 48.24.027 may be extended to insure the spouse and dependent children, or any class or classes thereof, of each insured employee or member who so elects, in amounts in accordance with a plan that precludes individual selection by the employees or members or by the employer or labor union or trustee, and which insurance on the life of any one family member including a spouse shall not be in excess of the amount on the life of the insured employee or member.Premiums for the insurance on the family members shall be paid by the policyholder, either from the employer's funds, funds contributed to him or her, employee's funds, trustee's funds, or labor union funds.(2) A spouse insured under this section has the same conversion right as to the insurance on his or her life as is vested in the employee or member under this chapter.[ 2010 c 13 § 2; 2006 c 25 § 14. Prior: 2005 c 223 § 13; 2005 c 222 § 2; 1993 c 132 § 1; 1975 1st ex.s. c 266 § 11; 1965 ex.s. c 70 § 23; 1963 c 192 § 1; 1953 c 197 § 10; 1947 c 79 § .24.03; Rem. Supp. 1947 § 45.24.03.]NOTES:Severability—1975 1st ex.s. c 266: See note following RCW 48.01.010.
WA Rev Code § 48.24.035 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.24 - Group Life and Annuities.|48.24.035 - Credit union groups.

RCW 48.24.035 Credit union groups.The lives of a group of individuals may be insured under a policy issued to a credit union, which shall be deemed the policyholder, to insure eligible members of such credit union for the benefit of persons other than the credit union or its officials, subject to the following requirements:(1) The members eligible for insurance under the policy shall be all of the members of a credit union, or all except any as to whom evidence of individual insurability is not satisfactory to the insurer, or all of any class or classes thereof determined by conditions pertaining to their age or membership in the credit union or both.(2) The premium for the policy shall be paid by the policyholder, either wholly from the credit union's funds, or partly from such funds and partly from funds contributed by the insured members specifically for their insurance. No policy may be issued for which the entire premium is to be derived from funds contributed by the insured members specifically for their insurance.(3) The policy must cover at least twenty-five members at the date of issue.(4) The amount of insurance under the policy shall not exceed the amount of the total shares and deposits of the member.(5) As used herein, "credit union" means a credit union organized and operating under the federal credit union act of 1934 or chapter 31.12 RCW.[ 1982 c 181 § 14; 1961 c 194 § 8.]NOTES:Severability—1982 c 181: See note following RCW 48.03.010.
WA Rev Code § 48.24.040 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.24 - Group Life and Annuities.|48.24.040 - Debtor groups.

RCW 48.24.040 Debtor groups.The lives of a group of individuals may be insured under a policy issued to a creditor, who shall be deemed the policyholder, to insure debtors of the creditors, subject to the provisions of the insurance code relating to credit life insurance and credit accident and health insurance and to the following requirements:(1) The debtors eligible for insurance under the policy shall be all of the debtors of the creditor whose indebtedness is repayable in installments, or all of any class or classes thereof determined by conditions pertaining to the indebtedness or to the purchase giving rise to the indebtedness, except that nothing in this section shall preclude an insurer from excluding from the classes eligible for insurance classes of debtors determined by age. The policy may provide that the term "debtors" shall include the debtors of one or more subsidiary corporations, and the debtors of one or more affiliated corporations, proprietors or partnerships if the business of the policyholder and of such affiliated corporations, proprietors or partnerships is under common control through stock ownership, contract, or otherwise.(2) The premium for the policy shall be paid by the policyholder, either from the creditor's funds, or from charges collected from the insured debtors, or from both. A policy on which part or all of the premium is to be derived from the collection from the insured debtors of identifiable charges not required of uninsured debtors shall not include, in the class or classes of debtors eligible for insurance, debtors under obligations outstanding at its date of issue without evidence of individual insurability unless at least seventy-five percent of the then eligible debtors elect to pay the required charges. A policy on which no part of the premium is to be derived from the collection of such identifiable charges must insure all eligible debtors, or all except any as to whom evidence of individual insurability is not satisfactory to the insurer.(3) The policy may be issued only if the group of eligible debtors is then receiving new entrants at the rate of at least one hundred persons yearly, or may reasonably be expected to receive at least one hundred new entrants during the first policy year, and only if the policy reserves to the insurer the right to require evidence of individual insurability if less than seventy-five percent of the new entrants become insured.(4) Payment by the debtor insured under any such group life insurance contract of the premium charged the creditor by the insurer for such insurance pertaining to the debtor, shall not be deemed to constitute a charge upon a loan in violation of any usury law.[ 1967 c 150 § 28; 1961 c 194 § 9; 1955 c 303 § 18; 1947 c 79 § .24.04; Rem. Supp. 1947 § 45.24.04.]
WA Rev Code § 48.24.045 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.24 - Group Life and Annuities.|48.24.045 - Certain associations as groups.

RCW 48.24.045 Certain associations as groups.The lives of a group of individuals may be insured under a policy issued to an association which has been in active existence for at least one year, which has a constitution and bylaws, and which has been organized and is maintained in good faith for purposes other than that of obtaining insurance. Under this group life insurance policy, the association shall be deemed the policyholder. The policy may insure association employees, members, or their employees. Beneficiaries under the policy shall be persons other than the association or its officers or trustees. The term "employees" as used in this section may include retired employees.[ 1979 ex.s. c 44 § 1.]
WA Rev Code § 48.24.050 (2021)
2021 Revised Code of Washington|Title 48 - Insurance|Chapter 48.24 - Group Life and Annuities.|48.24.050 - Labor union groups.

RCW 48.24.050 Labor union groups.The lives of a group of individuals may be insured under a policy issued to a labor union, which shall be deemed the policyholder, to insure members of such union for the benefit of persons other than the union or any of its officials, representatives or agents, subject to the following requirements:(1) The members eligible for insurance under the policy shall be all of the members of the union, or all of any class or classes thereof determined by conditions pertaining to their employment, or to membership in the union, or both.(2) The premium for the policy shall be paid by the policyholder, either wholly from the union's funds, or partly from such funds and partly from funds contributed by the insured members specifically for their insurance. No policy may be issued of which the entire premium is to be derived from funds contributed by the insured members specifically for their insurance. A policy on which the premium is to be derived in part from funds contributed by the insured members specifically for their insurance may be placed in force only if at least seventy-five percent of the then eligible members, excluding any as to whom evidence of individual insurability is not satisfactory to the insurer, elect to make the required contributions. A policy on which no part of the premium is to be derived from funds contributed by the insured members specifically for their insurance must insure all eligible members, or all except any as to whom evidence of individual insurability is not satisfactory to the insurer.(3) The policy must cover at least twenty-five members at date of issue.(4) The amounts of insurance under the policy must be based upon some plan precluding individual selection either by the members or by the union.[ 1955 c 303 § 19; 1947 c 79 § .24.05; Rem. Supp. 1947 § 45.24.05.]