Rule 11. Registration of Additional Plans

11.1.   For applications for registration of additional plans which involve a change in benefits or other terms and conditions of existing plans contracts or a change in actuarial assumptions, a new Registration Statement shall be filed, specifically providing the requirements under Rule 4.1 pars. 1 to 4 ( b- f, l-p ), 5 -7, Rules 4.2 - 4.4.

11.2.   Processing of Applications for additional plans which involve a change in benefits or other terms and conditions of existing  plan contract or a change in actuarial assumptions shall be completed within thirty (30) working days from receipt of complete application and payment of filing fee.

11.3.  If there are no changes in the benefits and other terms of the additional Pre-Need Plans sought to be registered from that previously registered with the Commission, then submission of the requirements under Rule 4.1 pars. 1-3, 4 ( p ), 5 and 6 shall suffice provided that the Pre-Need Company simultaneously submits a sworn certification duly accomplished by a Commission accredited actuary, on the prescribed form; and provided further, that, should economic developments emerge impacting on the actuarial assumptions previously utilized, a new actuarial study shall be required; and provided finally, that a sworn statement shall likewise be filed, signed by the persons required to sign the registration statement, to the effect that there has been no change in the information/documents previously filed. 

11.4.  Processing of applications for additional plans which do not involve a change in benefits or terms and conditions of existing plan contracts or actuarial assumptions shall be completed within twenty (20) working days from receipt of complete application and payment of filing fee.

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