(1) A supplemental illustration may be provided
so long as:
(a) it is
appended to, accompanied by or preceded by a basic illustration that complies
with this subchapter:
(i) the
non-guaranteed elements shown are not more favorable to the policy owner than
the corresponding elements based on the scale used in the basic illustration;
(ii) it contains
the same statement required of a basic illustration that non-guaranteed
elements are not guaranteed; and
(iii) 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.
(2) The supplemental illustration shall include
a notice referring to the basic illustration for guaranteed elements and other
important information.