Washington Administrative Code
2023 Archive

Chapter 284-23 WAC
Last Update: 11/7/23

WASHINGTON LIFE INSURANCE REGULATIONS
PDF of Chapter Digest
WAC Sections
ADVERTISING REGULATION
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.
LIFE INSURANCE DISCLOSURE
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.
ANNUITY AND DEPOSIT FUND
DISCLOSURE REGULATION
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.
SUITABILITY IN ANNUITY TRANSACTIONS
284-23-390Duties of insurers and producers.
REPLACEMENT REGULATION
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.
MISCELLANEOUS RULES
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."
ACCELERATED LIFE INSURANCE BENEFITS
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.
JUVENILE LIFE INSURANCE
284-23-800Purpose and scope.
284-23-803Definitions.
284-23-806Required procedures and standards for sale of juvenile life insurance policies.
INCENTIVIZED BENEFITS FOR INDIVIDUAL LIFE INSURANCE
284-23-850Purpose and scope.
284-23-860Advertising requirements.
284-23-870Misleading offers to incentivize behavior.
284-23-880Privacy.
DISPOSITION OF SECTIONS FORMERLY CODIFIED IN THIS TITLE
284-23-120Severability provision. [Order R-75-3, § 284-23-120, filed 8/22/75, effective 11/1/75.] Repealed by WSR 98-11-088 (Matter No. R 98-5), filed 5/20/98, effective 6/20/98. Statutory Authority: RCW 48.02.060.
284-23-130Effective date. [Order R-75-3, § 284-23-130, filed 8/22/75, effective 11/1/75.] Repealed by WSR 98-11-088 (Matter No. R 98-5), filed 5/20/98, effective 6/20/98. Statutory Authority: RCW 48.02.060.
284-23-260Effective date. [Statutory Authority: RCW 48.02.060, 48.30.010, and 48.30.090. WSR 79-07-053 (Order R 79-2), § 284-23-260, filed 6/25/79, effective 1/1/80.] Repealed by WSR 98-11-003 (Matter No. R 97-04), filed 5/6/98, effective 6/6/98. Statutory Authority: RCW 48.02.020 and 48.30.010.
284-23-270Life insurance buyer's guide, form to be used. [Statutory Authority: RCW 48.02.060, 48.30.010, and 48.30.090. WSR 79-07-053 (Order R 79-2), § 284-23-270, filed 6/25/79, effective 1/1/80.] Repealed by WSR 98-11-003 (Matter No. R 97-04), filed 5/6/98, effective 6/6/98. Statutory Authority: RCW 48.02.020 and 48.30.010.
284-23-380Effective date. [Statutory Authority: RCW 48.02.060, 48.30.010, and 48.30.090. WSR 79-07-052 (Order R 79-1), § 284-23-380, filed 6/25/79, effective 4/1/80.] Repealed by WSR 98-11-088 (Matter No. R 98-5), filed 5/20/98, effective 6/20/98. Statutory Authority: RCW 48.02.060.
284-23-470Duties of the existing insurer. [Statutory Authority: RCW 48.02.060. WSR 80-05-098 (Order R 80-5), § 284-23-470, filed 5/2/80, effective 10/1/80.] Repealed by WSR 87-14-015 (Order R 87-6), filed 6/23/87, effective 9/1/87. Statutory Authority: RCW 48.02.060.
284-23-490Effective date, supersedes prior regulation. [Statutory Authority: RCW 48.02.060. WSR 80-05-098 (Order R 80-5), § 284-23-490, filed 5/2/80, effective 10/1/80.] Repealed by WSR 87-14-015 (Order R 87-6), filed 6/23/87, effective 9/1/87. Statutory Authority: RCW 48.02.060.
284-23-500Form to be used where the existing and proposed policies are written by different companies. [Statutory Authority: RCW 48.02.060. WSR 80-05-098 (Order R 80-5), § 284-23-500, filed 5/2/80, effective 10/1/80.] Repealed by WSR 87-14-015 (Order R 87-6), filed 6/23/87, effective 9/1/87. Statutory Authority: RCW 48.02.060.
284-23-510Form to be used where the existing and proposed policies are written by the same company. [Statutory Authority: RCW 48.02.060. WSR 80-05-098 (Order R 80-5), § 284-23-510, filed 5/2/80, effective 10/1/80.] Repealed by WSR 87-14-015 (Order R 87-6), filed 6/23/87, effective 9/1/87. Statutory Authority: RCW 48.02.060.
284-23-520Form to be used regarding replacement in a direct-response sale. [Statutory Authority: RCW 48.02.060. WSR 80-05-098 (Order R 80-5), § 284-23-520, filed 5/2/80, effective 10/1/80.] Repealed by WSR 87-14-015 (Order R 87-6), filed 6/23/87, effective 9/1/87. Statutory Authority: RCW 48.02.060.
284-23-530Form for comparative information. [Statutory Authority: RCW 48.02.060. WSR 80-05-098 (Order R 80-5), § 284-23-530, filed 5/2/80, effective 10/1/80.] Repealed by WSR 87-14-015 (Order R 87-6), filed 6/23/87, effective 9/1/87. Statutory Authority: RCW 48.02.060.
284-23-645Tax qualified accelerated benefit provisions. [Statutory Authority: RCW 48.02.060, 48.30.010 and 48.11.020. WSR 98-05-026 (Matter No. R 96-13), § 284-23-645, filed 2/6/98, effective 3/9/98.] Repealed by WSR 08-24-023 (Matter No. R 2008-19), filed 11/24/08, effective 12/25/08. Statutory Authority: RCW 48.02.060, 48.83.070, 48.83.110, 48.83.120, 48.83.130(1), and 48.83.140 (4)(a).