Like all carriers, Symetra is required to transition our products to 2017 Commissioners Standard Ordinary (CSO) Tables by Jan. 1, 2020. To meet this regulatory deadline, this is a reminder that we have established the following transition dates for our Accumulator IUL, UL-G and CAUL products (Symetra Protector IUL and Term products are already on the 2017 CSO Tables).
Important CSO 2017 dates and timelines
Oct. 31, 2019: New 2017 CSO versions of Accumulator IUL, UL-G and CAUL will be available in Winflex and Symetra Life Illustrator.
Dec. 6, 2019: Non-CSO compliant versions will be removed, and only 2017 CSO versions of Accumulator IUL, UL-G and CAUL will be available for illustration.
Dec. 13, 2019: Symetra will no longer issue non-2017 CSO contracts. Please note that all non-2017 compliant products must be in-force by Dec. 31, 2019.
Important year-end business deadlines (all products)
Dec. 9, 2019: Final underwriting requirements must be received by Symetra.
Dec. 20, 2019: To ensure timely processing, final issue requirements for new business should be received for both daily and weekly commission schedules.
Dec. 31, 2019: Final business day of 2019.