Ins 2.17(5)(b)2.2. Use or describe non-guaranteed elements in a manner that is misleading or has the capacity or tendency to mislead. Ins 2.17(5)(b)3.3. State or imply that the payment or amount of non-guaranteed elements is guaranteed. Ins 2.17(5)(b)4.4. Use an illustration that does not comply with the requirements of this section. Ins 2.17(5)(b)5.5. Use an illustration that at any policy duration depicts policy performance more favorable to the policy owner than that produced by the illustrated scale of the insurer whose policy is being illustrated. Ins 2.17(5)(b)7.7. Represent in any way that premium payments will not be required for each year of the policy in order to maintain the illustrated death benefits, unless that is the fact. Ins 2.17(5)(b)8.8. Use the term “vanish” or “vanishing premium,” or a similar term that implies the policy becomes paid up, to describe a plan for using non-guaranteed elements to pay a portion of future premiums. Ins 2.17(5)(b)9.9. Except for policies that can never develop nonforfeiture values, use an illustration that is “lapse-supported”. Ins 2.17(5)(c)(c) If an interest rate used to determine the illustrated non-guaranteed elements is shown, it shall not be greater than the earned interest rate underlying the disciplined current scale. Ins 2.17(5)(d)(d) In determining the disciplined current scale an insurer may use standards established by the actuarial standards board that meet all of the following criteria: Ins 2.17(5)(d)2.2. Limit a disciplined current scale to reflect only actions that have already been taken or events that have already occurred. Ins 2.17(5)(d)3.3. Do not permit a disciplined current scale to include any projected trends of improvements in experience or any assumed improvements in experience beyond the illustration date. Ins 2.17(5)(d)4.4. Do not permit assumed expenses to be less than minimum assumed expenses. Ins 2.17(6)(a)(a) A basic illustration shall conform with the following requirements: Ins 2.17(6)(a)1.1. The illustration shall be labeled with the date on which it was prepared. Ins 2.17(6)(a)2.2. Each page, including any explanatory notes or pages, shall be numbered and show its relationship to the total number of pages in the illustration. Ins 2.17(6)(a)3.3. The assumed dates of payment receipt and benefit pay-out within a policy year shall be clearly identified. Ins 2.17(6)(a)4.4. If the age of the proposed insured is shown as a component of the tabular detail, it shall be issue age plus the numbers of years the policy is assumed to have been in force. Ins 2.17(6)(a)5.5. The assumed payments on which the illustrated benefits and values are based shall be identified as premium outlay or contract premium, as applicable. For policies that do not require a specific contract premium, the illustrated payments shall be identified as premium outlay. Ins 2.17(6)(a)6.6. Guaranteed death benefits and values available upon surrender, if any, for the illustrated premium outlay or contract premium shall be shown and clearly labeled guaranteed. Ins 2.17(6)(a)7.7. If the illustration shows any non-guaranteed elements, they cannot be based on a scale more favorable to the policy owner than the insurer’s illustrated scale at any duration. These elements shall be clearly labeled non-guaranteed. Ins 2.17(6)(a)8.8. The guaranteed elements, if any, shall be shown before corresponding non-guaranteed elements. Any page of an illustration that shows or describes only the non-guaranteed elements shall include a reference to the page where guaranteed elements are shown and a statement that guaranteed elements are found on that page. Ins 2.17(6)(a)9.9. The account or accumulation value of a policy, if shown, shall be identified by the name this value is given in the policy being illustrated and shown on the same page in close proximity to the corresponding value available upon surrender. Ins 2.17(6)(a)10.10. The value available upon surrender shall be identified by the name this value is given in the policy being illustrated and shall be the amount available to the policy owner in a lump sum after deduction of surrender charges, policy loans and policy loan interest, as applicable. Ins 2.17(6)(a)11.11. Illustrations may show policy benefits and values in graphic or chart form in addition to the tabular form. Ins 2.17(6)(a)12.12. Any illustration of non-guaranteed elements shall be accompanied by a statement indicating that the benefits and values are not guaranteed, that the assumptions on which they are based are subject to change, and that actual results may be more or less favorable.