Creating a Compact Filing - Interstate Insurance Product Regulation
Contents
1. The Regulatory Method of approval is indicated from the options provided in the drop down Do ument Hame Description Camments Date Legally Implemented 7 Regulatory Hethod 7 Pease Select x z Tracking Number SERFF ieee bale Tracking Arron Mumb r amp arier 1970 e AK haia Tdlerrmaborwl T Exampi Fima Es mpt Not Av ilable Treen Mune Mm AOE Saileble D Exempt Statement of Compantes Intent Filing i and Content Fers Fino nienie The date that the form was legally implemented must be provided Comments Date Legally linplemented notvien anos ea eC Date 92 08 2007 f C rior 1976 Regulatory Method 5 Document Name Desc C Exempt Not Available Number Cc No Available Cc txemot Creating an Interstate Insurance Product Regulation Commission Filing Page 10 of 14 Last Update 8 27 2015 Rate Rule Supporting Glatemani oi Cumpanias o Filg Filing Subedule T Dotumenialiin Intent ee Bag l Fees Carrresgrinbenie Filing Type FETE The name of the document or a brief description is entered as nae ___ the last piece of information form Humber Trecking Humber Regulatory Method Date Legally Implemented Document Mame Desorption Commente r acoraved Date SER FF 7 AS Tracking Number Prior 1979 i 7 C Exempt Biais Net Avadable Tracking Huri e Mer Available Exernpt I Firer Rata Ru2. F d Plass4c husetts Mutual Life Insurean f 275 00 O1f23 2009 19013780 Company Cee Pra EFT Total 275 00 ai Submit Aa dition al ET Fees Eo Fadl Awt hens Lipia Arend Filing Aabd State Pose ko W r ef ober POF Pipeline o Additional information regarding individual state filing fees is located on the on the Industry Resources page of the IIPRC s web site http Awww insurancecompact org industry resources htm Creating an Interstate Insurance Product Regulation Commission Filing Page 13 of 14 Last Update 8 27 2015 o Complete the EFT information for the state remitting the fees the state would normally require for this filing Depending on the state set up fees may be remitted in one of two ways 1 Per company Yes A fee must be remitted for each company listed on that filing Enter an amount next to each company If a fee is not owed for a listed company check the Bypassed box for that company EFT EFT Intormation for Indiana Lompany Amount Bypassed SERFF Test o 00 E Test Group Mame o 00 2 Per company No One fee must be remitted equal to all fees due for the entire filing Select a company from the list and enter the appropriate amount EFT EFT Information for Kentucky Company Amount SERFF Test 11111 o Once the Fees have been paid the filing is ready to be submitted Click Submit Filing in order to complete the filing submission and send to the IIPRC for review and ap
3. The EFT information controls the EFT transactions and the amount paid to the IIPRC and the states Compact Per Product Filing Fee The IIPRC collects a Compact Per Product Filing Fee The amount that is due is based on two factors 1 whether the filing submission requires an actuarial review and 2 the premium volume as reported in Schedule T Part 2 of the Annual Report filed with the NAIC More specific information may be found on the Insurance Company Resources page specifically the Schedule of Fees The Per Filing Fee is required per product per company as defined in the Interstate Insurance Product Regulation IIPRC Terms and Procedures for IIPRC Filing Fees excerpted below o A product is a policy or contract including any application endorsement or related form which is attached to and made part of the policy or contract for an individual or group annuity life insurance disability income or long term care insurance product that an Insurer is authorized to issue as detailed in the Compact Model Statute o A product is also a Product component filed under the Mix and Match submission process detailed in 110 of the Operating Procedure for the Filing and Approval of Product Filings overall Interstate Insurance Fee calculator Compact Fes Required hok Rebslistory sfo Esplanation i EFT EFT Information for Tnterstate Compact Company Aim aunt SERFF Test n kua Test Group Mama A ba LJTo complete the inform
4. Type Selector application Application with Riders and Endorsements with MVA Application Rider and Endorsements Policy Forms Policy Forms with MVA Policy Forms with MVA Application Policy Forms with Riders and Endorsements Policy Forms Application Policy Forms Application Riders and Endorsements Riders and Endorsements Selected States Filing Types Interstate Insurance Compact TOI AO3I Individual Annuities Deferred Variable Application Application with Riders and Endorsements with MVA Sub TOI A031 002 Flexible Premium Application Rider and Endorsements Riders and Endorsements Policy Forms Policy Forms with MVA Policy Forms with MVA Application Policy Forms with Riders and Endorsements Policy Forms Application Policy Forms Application Riders and Endorsements Alabama 7 Once a Filing Type has been selected all available participating Compact states will be marked as included Uncheck any state s that should not be included in this filing Only States in which the company is licensed and for which the filing is intended to be effective should be checked IIPRC registration does not supersede the licensing requirements of the States Step 4 Select Filing Types It is the responsibility of the filer to select only the states in which a filing company is licensed to do business If in doubt please omit the state from the filing States not included at submission can be added to pending and approved fi
5. plans that are subject to the Norris decision and or Title VII of the Civil Rights Act of 1964 If Montana is included in this filing or added to the filing after approval please confirm that the company will issue the forms included in this filing to Montana residents on a unisex basis only and will not issue to Montana residents on a sex distinct basis G Statement of Variability and Contract Specification Pages The requirements for each are in the Additional Submission Requirements section of every applicable Uniform Standards Be careful to make these elements consistent with the actuarial memoranda and the forms You must attach a detailed listing of all variable items and certify to it Be sure to have the specifications page consistent with the rest of the filing H Third Party Authorization If a third party filer is used to make the filing a signed authorization on the company stationery must be attached 2 The IIPRC has added a special tab called the Statement of Intent SOI Schedule It is used to facilitate the filing of the required information regarding the so called mix amp Creating an Interstate Insurance Product Regulation Commission Filing Page 8 of 14 Last Update 8 27 2015 match process and for the Certification for Non lIIPRC Forms Please read the requirements set forth in the IIPRC SERFF General Instructions and Filing Rules very carefully Additional information may be found under the Filing Inform
6. INTERSTATE INSURANCE PRODUCT REGULATION COMMISSION Genre Providing flexibility promoting uniformity States Strength amp Speed Aligned Creating a Filing for the Interstate Insurance Product Regulation Commission IIPRC Before you begin To make an IIPRC filing an industry user must have certain roles assigned to their ID If you do not see the Create Compact Filing link in Step 1 and you have paid your IIPRC Annual Registration Fee contact the SERFF Help Desk at serffhelo naic org The IIPRC requires that all filing fees be paid via EFT Please make sure that the IIPRC is noted as an authorized debtor otherwise the fees will not be transmitted to the IIPRC properly These instructions provide specific elements to assist with the submission of a product filing through SERFF to the IIPRC and are intended to be used with those that are applicable to SERFF filings as provided in the SERFF User manual Therefore it is assumed that you already have a working knowledge of the SERFF application If you don t or need additional help we recommend you download and review the SERFF User Manual available under Help in SERFF Please note as you begin your work in SERFF it is recommended that you check the General Instructions as there may have been recent updates Also be sure to review the IIPRC s website for the most up to date information on Uniform Standards Filing Information Notices FINs and other resources av
7. Life or Annuity product requires the submission of an actuarial memorandum the requirements will be set forth in the Additional Submission Requirements section of every applicable Uniform Standards Note that for LTC and DI filings the Actuarial Memorandum is included in the Rate Rate schedule Tab General Rate Rule u rtin Companies Filing Filin Form g Information Schedule h e cumentation and Contact Fees Correspondence Expand All Collapse All Bypass Multiple View Additional Info m a 6 Name Actuarial Memorandum Description Include an actuarial memorandum prepared dated and signed by a member of the American Academy of Actuaries The Uniform Standards can be accessed at http www insurancecompact org Bypass Creating an Interstate Insurance Product Regulation Commission Filing Page 7 of 14 Last Update 8 27 2015 B Applicable Uniform Standards Innovative Features Checklists As noted earlier any unique or innovative features of the product including how those features comply with the applicable Uniform Standards must be explained Use this Submission Requirement to provide this information when an explanation is necessary to explain product features and Uniform Standards applicability If the information is NOT provided here it MUST be provided in the Filing Description Do not mark this Submission Requirement as Bypassed C Application Use The requirements as to how the app
8. OF berance Peme seet a value 4 After selecting the TOI click the Next button and select the appropriate Sub TOI 5 Step 4 in the IIPRC Filing Wizard is to indicate whether or not the filing has additional benefit features Only need to indicate yes or no and then enter a description into the description field Note that if the filing is a combination product meaning that it includes multiple TOls the information should be provided here Filing Correspondence Filing Fees Companies and Contact Form Rate Rule Supporting Schedule Schedule Documentation General Information CG 6 Step 5 in the IIPRC Filing Wizard is to select the Filing Type All of the Filing Types that are accepted by the IIPRC for the previously selected TOI and Sub TOIl will be available for selection Note that Submission and Product Requirements are particular to Filing Types Therefore it is important to select the correct Filing Type Creating an Interstate Insurance Product Regulation Commission Filing Page 2 of 14 Last Update 8 27 2015 Step 4 Select Filing Types It is the responsibility of the filer to select only the states in which a filing company is licensed to do business If in doubt please omit the state from the filing States not included at submission can be added to pending and approved filings using the Add State feature Filing
9. RC the filer must still indicate which companies apply to the selected participating states As in Step 4 the participating states appear as options for selection only select those states in which the company is licensed Step 7 Select Companies for States Reset Select All Companies De Select All Co nies Alabama SERFF Test Te Test Co Arizona l SERFF Test Tec Test Co Alaska SERFF Test l Te Test Co Arkansas l SERFF Test Te Test Co 12 Step 8 is the Default Filing Data page These fields should be completed as appropriate or may be completed changed on the filing prior to submission The Filing Description field is the cover letter for the filing and should provide detailed information about your product and the filing Please do not upload a separate cover letter as an attachment to a new filing The Filing Description should include a D C A concise detailed description of the filing A listing of the forms identified by name and purpose Identification of the Uniform Standard applicable to each form used to make the submission Verify that the product s being submitted comply with the applicable uniform standard s which can be found on the Record on the IIPRC website Creating an Interstate Insurance Product Regulation Commission Filing Page 5 of 14 Last Update 8 27 2015 d Identify and explain any unique or innovative features of the product including how those fea
10. ailable or use the links provided in our Submission Requirements and Filing Rules The IIPRC Filing Wizard 1 To begin an IIPRC filing click the Create Compact Filing link under the Filings tab Welcome Bridget Wiaras SERFF Industry Filings Billing Settings Filing Aules Templates My Workfolder Remove fom ey oor bol hee Filings Filings 1 OoF 0 Firzt Previcux Hext Laak Stete C Product Mame Company Tracking F Cresbed By EAFF Tat He filings in folder Creating an Interstate Insurance Product Regulation Commission Filing Page 1 of 14 Last Update 8 27 2015 2 The first step SERFF Filing Wizard will display and look familiar except that the Business Type cannot be changed from Life Accident Health Annuity Credit The IIPRC does not accept Property Casualty filings 3 Step 2 in the IIPRC Filing Wizard is the selection of the Type of Insurance The IIPRC has been pre selected as the state for this filing the ability to include participating states will come later The Types of Insurance TOI from the Product Coding Matrix PCM for the various products that are currently accepted by the IIPRC will be available for selection Use the TOI Link found on the Insurance Company Resources Page to match up your TOI and Sub TOI with the appropriate IIPRC Uniform Standard s for your product Yieloome Gridget Hieras SEAFF n dustry Step 2 Select Types of Insurance Selected Stabas Type
11. ation Notices FIN on the web site and in the on line tutorial provided on the Industry Resources page entitled How to Submit a Statement of Intent SOI in SERFF Please reference the Statement of Intent Template Instructions if you will be using the Preformatted SOI Excel Spreadsheet located on the Insurance Company Resources page to complete the SOI General Form Rate Rule Supporting Statement of Companies Filing Filing Information l Schedule Schedule Documentation Intent and Contact Fees Correspondence ee If the filing does not contain a Mix amp Match element the filer will set the Filing Type Pesca R SOI Schedule Required to No If you are using the template functionality to enter the data into the SOI Schedule once the template has been uploaded into the filing the No will automatically be switched to State Product Components Select State Form Number Delete Selected Add rm Rate Rule Supporting Statement of Companies Filing Filing fe es eik Schedule Documentation Intent and Contact Fees Correspondence SOI Schedule Required Yes No imsi 3 The filer must select the Filing Type and attach the i pas Statement of Intent and Certification form The filer will then add rows as necessary to enter the detailed information for amwe the SOI Schedule Attachments State Product Components Regu
12. ation for each state o For each state where a fee is required check the box next to Fee Required This will expand the Fee Information area for that state o Complete the Overall Fee section as it would be if the filing were being made directly to that state o Note that all state fees for a Compact filing must be paid at the time of filing including fees for Texas who normally bills in arrears You will not be billed by Texas for IIPRC product filing submissions after the filing has been received o Additional fees due to the states as determined after filing will need to be remitted before your filing receives a final disposition in SERFF o To add additional fees please click on Submit Additional EFT Fees and then select the proper state from the drop down menu ng Type Policy Forms Implementation Gabe Regut eted uri z Authore Lynne Mahan har merece F Diners Her mm Ratei Rule Shee d Sch ed alle B Upp oe eg Btob Dornap mibr Flimi Filireg Dra c umn em Ea he ra pezi he anad Contact Fe ss L are s pde ee 3 Fee Calculation Fee Required Nor Aetaliatco 500 00 q rr F Explanstan Gwerall Interstate Insurance Compact EFT Comp amy Amount Dake Trans actio m Processed Massachusetts Mutual Life Insurans 500 00 Oirsartoos 1 0137 9 Company D447 PA EFT Total 500 00 yer all Fee Calculation H am oil Wot Aetaliatco 2175 00 rF F Explansthan Company A tint Transaction
13. ck the Previous button to navigate back through the Filing Wizard to make corrections Click the Save and Continue button to lock in these selections Step 5 Confirm Selections Please review the included state selections as this is the last opportunity to remove a state from the filing submission Only states in which a filing company is licensed to do business should be included Sub TOI Filing Types States AK AL AR AZ CO GA HI Interstate LOYI LOYT 101 1A 1 cman H Ba orr Da MA eves Ra ee Policy MDO ME MI MN MO MS MT Insurance Individual Fixed Indeterminate MET i Compact Life Whole Premium Single Life FECTS A TEESE no ee ee eil aa i l OK PR RI SC TIN TX UT VT WA WI WV WY 10 Step 6 is the selection of Companies and a Contact for the filing All companies to be included in this filing should be selected here regardless of the licensing status in various states as edits may be made in the next step Only one contact may be selected Creating an Interstate Insurance Product Regulation Commission Filing Page 4 of 14 Last Update 8 27 2015 Welcome boidget Kieras SERFF Industry Step 6 Select Companies and Contact Select a Contact lerkdget ker as Companies F ERE Test Insurance Compans SERFF Co 11 Step 7 allows the filer to match companies with states according to the proper company license for each state Although the filing is being made to the IIP
14. et Available Tracking Humber m Net vailable f Exernet General Information Rate Rule Schedule Supporting Documentation SOI Schedule Required Yes No initial Filing 7 Filing Type Attachments Statement of Intent Certification Attach Files State Product Components Select Form Number Alaska v jak 12345 State gt General Information Rate Fluke Schedule Suppyrting Farmi Documentation Schedula 20 Schedule Gequired ves Me Filing Type Attachments Attach Files Di ahari State Product Components Sekel gt r Form Humber Alecks fxs ooo Siate General i Rate Rule Information Schedule Supporting Se Dewaunrentation SOI Schedule Required ves Ne Filing Type EZT Farg Altlachments 2 Attach Files Statement of State Product Components Select r ri i Ansa Ea state Form Number r Statement of Companies Filing Filing and Contact Fees Correspondence Intent The SERFF Tracking number or a state file number are then inserted Comments Regulatory Method ji Date Legally Implemented Document Name Description i Cc Please Select v SERFF Tracking Number G ak12345 State Tracking Number Not Available Tracking Number Prior 1970 C Exempt C Not Available Exempt Statennant of Curipaners
15. for Long Term Care LTC or Disability Income Insurance DI products should be provided under the Rate Rule Schedule tab The information provided may be updated post submission Items to be included are the Actuarial Memorandum Assumptions Excel worksheet prepared using the sample available on the IIPRC Insurance Company Resources page rate schedules and other rate data applicable to the filing Any of these elements contained within the actuarial memorandum should also be broken out as separate rate data items by completing the steps described in the SERFF Submission Requirements lf you are filing a Rate Revision the policy forms with which the revised rates will be used must be identified Forms may not be necessarily included in these submissions Rate revisions increases will be submitted in varying scenarios A separate filing type is necessary to specify the filing elements requirements and information This will help track revised rate filings and information contained therein including percentages that exceed the rate increase threshold IIPRC action levels and Member State actions It will also provide easier access to rate revision information by member states and consumers Select Rates Revised Rates which has been added to the IIPRC SERFF instance The Supporting Documentation tab The requirements that are listed under the Supporting Documentation are unique to the IIPRC The State submission requirements Creati
16. latory Method Date Legally Implemented ji Document Name Description Comments Select State Form Number Tracking Number p Fifipg Filing Fou Lup parting Ctatamant nt Con vn pf Imie 8 oe ae Faas C rr pim jar m Filers must select the state All states that are included in the filing should be included in the SOI Additionally as states E ppt nesta w are added the SOI should be updated to reflect these states auth tiien _ if mix and match is applicable State Product Components Filimg Typi Select State form Humber Trecho Delete Selected Add Creating an Interstate Insurance Product Regulation Commission Filing Page 9 of 14 Last Update 8 27 2015 Gu racr al Form Rela Rule Supportiry Filan Filing Del ore a Lier Sohaediule Schedule Dociwimenlal irn S61 Schedule Required ves C me Filirg Type AM we biocide Attach Files Stateryent of artif intent i gt Lcation pd State Product Components Seiret Sinabe Form Number r i alae tf lalumeni ol Compania Tnkbent aoe Com tect l Fame Correapoidence Filers will then insert the information pertaining to the forms specifically the form number Arpu Tracking Humber Regulatery Method Rate Legally Implemented Parument tame Oescriptinn Cammenbs ir eee Sett j E Gare ZFAFF Tracking Auer Bee Prior 1970 c a Exempt Snare T H
17. lications are to be used are found in the Additional Submission Requirements section of every applicable application Uniform Standards You must provide a statement as to how the application will be used and include a description of the process that will be used to verify the authenticity of the transaction A John Doe sample should be included D Associated Filings This Requirement serves as a reminder that the Associated Filings for this Compact submission need to be made using the View Associated Filings in the Filing Wizard Section 103 d of the Operating Procedure for the Filing and Approval of Product Filings requires that at the time a Product Filing is made the Product Filer shall identify whether the Product Filing will be used with a Commission Product Component previously approved by or pending with the Commission Detailed directions regarding the completion of the Associated Filings is found on the IIPRC website namely the Insurance Company Resources page E Flesch Score Unless specified otherwise all IIPRC forms must have a minimum Flesch Score of 50 This requirement may be found within the Additional Submission Requirements section of the applicable Uniform Standards A statement and a signed certification must be attached F Sex Distinct or Unisex Policies State whether the policy is sex distinct or unisex If sex distinct the company shall confirm that the policy will not be issued in any employer employee
18. lings using the Add State feature Selected States Filing Types Interstate Insurance Compact Ala soni ee abama TOI LO7I Individual Life Whole Sub TOI LO7I 101 Fixed Indeterminate Policy Forms Policy Forms with Riders and Endorsements Premium Single Life Riders and Endorsements Application L Application Rider and Endorsements Policy Forms Application C Policy Forms Application Riders and Endorsements Alaska Policy Forms C Policy Forms with Riders and Endorsements Riders and Endorsements Application L Application Rider and Endorsements Policy Forms Application L Policy Forms Application Riders and Endorsements Arizona Policy Forms L Policy Forms with Riders and Endorsements Riders and Endorsements Application C Application Rider and Endorsements M Policy Forms Application C Policy Forms Application Riders and Endorsements 8 Exclusions for the selected product TOl Sub TOI Filing Type will be listed at the bottom of the page There are two types of exclusions e State opt outs for IIPRC standards In these cases the state has passed legislation or issued a regulation to opt out of a particular product The product cannot be filed under the Compact for that state NOTE Arizona Hawaii Indiana Montana and New Jersey have opted out of all Long Term Care Insurance Uniform Standards There are a select handful of states that have opted not to permit filings submitted under the Rate Filing Standards fo
19. lly Supporting Stabeccdent of j E K Tnforma tien Schedules Fehde l Drtiomenlatiori Ditert Ceres poder Filing Type inrol Filing Atlachnmrents Aai Ee ata we mE frt me a eee Statement of Intent Cectifcetionod tate Product Components Stabe Form tumber tracking Humber Regulatory Method Date Legally implemented Document Name Description Lomiments laska AR LI345 PL 2E4S Approved atendia fda e Enter Document Name here Avid Aw Lhrers Eclat Sel Contentially Submit Filmy Creale Remoder Add State Hove lo Worklekler PGF Pipelare 3 The Companies and Contact tab There are two differences on the Company Contact tab with regard to the IIPRC filing e First companies cannot be added as they can on a single state filing The company information set in the Filing Wizard cannot be changed e Second each company has a list of associated states Once approved the individual states viewing the filing will only see the companies to which they are matched Cann anes and Cont rt Filing Contact Information Change Contact Change Bridget Kieras bkinaic org 12945 129 456 7090 ext Phone ECMO KS 12545 FA Filing company Information SERFF o c f Included States 5K 12345 Cotode 12345 GA CA ID TH KS EY kard O iz 45 Group Code Ma FID ME PIL MM 179 456 7590 ext Phone i Hc NE HH OH E Group Name PA PR R1 TH UT UT FEIH Number 22 747 7744 With Wy AT State
20. ng an Interstate Insurance Product Regulation Commission Filing Page 6 of 14 Last Update 8 27 2015 do not factor into an IIPRC filing and therefore are not provided Each required element under the Supporting Documentation tab for the product s is contained within the applicable Uniform Standards The examples provided below are just some of the applicable Submission Requirements Please review the applicable product line Uniform Standards for all required Submission Requirements Additionally the inclusion of the Submission Requirements is dependent on the selection of the TOI and Filing Type please select the correct TOI and Filing Type Questions regarding the Submission Requirements should be directed to the IIPRC Office General Form Rabe Rul Supporting Stabement of Companies Filing Filing Trfernreticert Schedule Schedule Documentatii Intent and Contact Fees Correspondence Expand All Collapse All B 4 Multiple View Additional Info E Applicable Uniform Standards innovative FeaturesiChecklists Application Use Associated Filings Flesch Score Certification Group Life Forms Applicable Revised 2 m Payment of Filing Fees Sex Distinct or Unisex Policies c M Statement of Variability E Third Party Filer Authorization Teun Legend No Action Taken Satisfied E Bypassed 4 User Added ii Draft Schedule tem TA Open Objection A Actuarial Memorandum If the
21. of Domicile Alecks Company ype BRK Test Insurance Company i Included States GA PIO MaGee CoCode In KS Kr MA MO Suite 600 Group Code ME Ml HA NC HE Kansas City MO 64108 HH OH OK PA PR AL 69769 0990 ext Phone Group Hamer RL TH LIT WT WA FEIN Number 12 FaTserd Wy ay State of Domicile Ohio Company Type Creating an Interstate Insurance Product Regulation Commission Filing Page 11 of 14 Last Update 8 27 2015 4 The Filing Fees tab Filing to the IIPRC requires the use of EFT The information on this tab must be completed before the filing can be submitted There are two sections for the IIPRC and for each state that may require a fee The Overall information includes an indication of whether a fee is required whether the basis of the fee is retaliatory the amount of the fee required and a text description to explain how the fee was calculated Please note that overall does not mean the total amount of the fees associated with the product filing just for that particular field either the state or the IIPRC filing fee Sau on bray inn pares Der Wee mi to tio amd Contact Interstate Insurance g i Fee Calculation Compact Fee Required hot Retalistory Salao FT EFT Information for Interstate Compact Company An oo rik SERFRF Test 4 bo o Test Group Mame 4 rr overall en Iv ania L Fee Aequired West Virginia L Fee Aequired Georgia C Fee Required
22. proval Add Authors Edit Set Confidentiality Create Reminder Add State Move to Workfolder PDF Pipeline Interstate Insurance Compact Creating an Interstate Insurance Product Regulation Commission Filing Page 14 of 14 Last Update 8 27 2015
23. r Individual Long Term Care Insurance Modified Rate Schedules Additionally Montana has opted out of all Disability Income Insurance Uniform Standards More information may be found on the Record page of the IIPRC website Creating an Interstate Insurance Product Regulation Commission Filing Page 3 of 14 Last Update 8 27 2015 e SERFF instance exclusions When a state has split their Life and Health business units into two SERFF instances the system must be instructed as to the instance to which a filing should be directed This is done by excluding the non applicable instance As an example for a Life filing the Georgia Health instance will be excluded but Georgia will still be available for selection Exclusions Georgia Please note that the Health instance of this State does not include Life and Annuity products Georgia does participate in Life and Annuity Products for the IIPRC Kansas Please note that the Health instance of this State does not include Life and Annuity products Kansas does participate in Life and Annuity Products for the IIPRC 9 Step 6 is a summary screen Carefully review the information displayed including the states listed as the selections cannot be changed after they are saved If you are unsure as to whether a state should be included it is best to exclude the state Note that additional states can be added to the product filing submission during the product review and or following approval Cli
24. tures comply with the applicable uniform standards 13 Step 9 the last step of the Filing Wizard is the Final Filing Summary In most cases regarding the IIPRC a single filing will be created Review the information and click Previous to correct the companies listed or the company state association This information cannot be changed after clicking Finish Clicking Finish will take the user into edit mode on the newly created IIPRC filing Step 9 Final Filing Summary State TOI Sub TOI Filing Types Companies LO41 003 AL AK Ad AR CO GA HI Single Life Policy ID i IN 1A KS KY tA RE 4D MA MI AN MS Single Forms MO MT NE NV NH NJ NM NC OH OK OR PA PR Premium RI SC IN TX UT UT VT VA WA WV WI WY WY Interstate LO4I Insurance Individual Compact Life Term Previous Finish Cancel Completing and Submitting an IIPRC Filing 1 The process for completing and submitting a product filing to the IIPRC is similar to the process of completing and submitting a single state filing to include the method for Satisfying or bypassing Submission Requirements However there are some unique features in the tabs in SERFF for an IIPRC filing Each is described below Rate Rate Schedule This tab should be used for all LTC and DI submissions only Life and Annuity submissions submit under Supporting Documentation All rates and rating information submitted for either initial or revised rates
Download Pdf Manuals
Related Search