2013 Individual Disability Income Valuation Table

In August 2016, the National Association of Insurance Commissioners (NAIC) approved the 2013 Individual Disability Income Valuation Table (2013 IDIVT) as the new statutory minimum reserve morbidity basis for individual disability income (IDI) policies.

The 2013 IDIVT was developed by the Individual Disability Tables Working Group (IDTWG), which was a joint committee of the Society of Actuaries (SOA) and the American Academy of Actuaries (Academy). The new table replaces the 1985 Commissioner’s Individual Disability Tables A and C as the statutory minimum reserve basis for new policies and claims.

Below are links to the work product of the joint workgroup:

Reports

• Academy/SOA Individual Disability Table Work Group
• Report of the Individual Disability Tables Work Group of the Academy of Actuaries and the SOA
• Model Regulation to Implement the Accident and Sickness Insurance Minimum Standards Model Act
• 2013 IDI Valuation Table Workbook Version 1.3