[§431:10D-406]  Standards for supplemental illustrations.  (a)  A supplemental illustration may be provided so long as:

     (1)  It is appended to, accompanied by, or preceded by a basic illustration that complies with this part;

     (2)  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;

     (3)  It contains the same statement required of a basic illustration that nonguaranteed elements are not guaranteed; and

     (4)  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.

     (b)  The supplemental illustration shall include a notice referring to the basic illustration for guaranteed elements and other important information. [L 2000, c 252, pt of §2]