How do I file?
All filings must be submitted through SERFF.
For individual annuity and variable annuity contracts
For individual fixed annuity (includes related riders and applications):
- Contract
- John Doe application
- Actuarial memo
- Contract summary, see WAC 284-23-330 (leg.wa.gov) - Contract summary, contents
Questions? Call 360-725-7125
For individual variable annuity (includes related riders and applications):
- Contract
- John Doe application
- Actuarial memo
- Contract summary, see WAC 284-23-330 (leg.wa.gov) - Contract summary, contents
Questions? Call 360-725-7125
For individual life, universal life and variable universal life
For whole life, term life and indeterminate premium (This includes related riders and applications):
- Policy
- John Doe application
- Life illustrations or a Statement of Cost and Benefit Summary
- Illustration Actuary Certification
- Actuarial memo
- Disclosure, see WAC 284-23-350 (leg.wa.gov) - Disclosure requirements
For universal life and variable universal life:
- Policy
- John Doe application
- Illustration
- Illustration Actuary Certification
- Actuarial memo
Questions? Call 360-725-7125
For group universal life, life, annuity
File the following for in-state and out-of-state.
For group universal life and group life:
- Group policy
- Certificate
- Application
- Enrollment form
- Actuarial memo
Questions? Call 360-725-7125
For group variable annuity:
- Group policy
- Certificate
- Application
- Enrollment forms
- Actuarial memo
- John Doe schedule page of the certificate
Questions? Call 360-725-7125
For out-of-state associations and trusts under group plans:
Signed trust documents or Articles of Incorporation and by-laws, see:
- WAC 284-30-600(2)(b) (leg.wa.gov) - Trade practices
- RCW 48.24 (leg.wa.gov) - Group life and annuities
For life settlements
File the following:
- Life settlement contract (purchase agreement)
- Disclosure statement
- Request for verification of coverage, Life settlement filings are to be completed in John Doe fashion
See also:
- 284-97 WAC (leg.wa.gov) - Life settlement regulation
- 48.102 RCW (leg.wa.gov) - Life settlements
- Filing instructions, see WAC 284-97-040 (leg.wa.gov) and WAC 284-97-050 (leg.wa.gov)
Questions? Call 360-725-7126
Life and annuity actuarial memo requirements
The actuarial memo should be prepared and signed by a qualified actuary and include the following:
- Policy and certificate form numbers
- A brief description of the type of policy, benefits, renewability, general marketing method, and issue age limits
- If applicable, target groups and group sizes
- Demonstration, including numerical examples of compliance with the Standard Nonforfeiture Law
Questions? Call 360-725-7136