Section 760IAC1-36-2. Purpose of rule

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The purpose of this rule [760 IAC 1-36] is to permit the use of mortality tables that reflect differences in mortality between smokers and nonsmokers in determining minimum reserve liabilities and minimum cash surrender values and amounts of paid-up nonforfeiture benefits for plans of insurance with separate premium rates for smokers and nonsmokers. (Department of Insurance; 760 IAC 1-36-2; filed Oct 16, 1985, 2:18 pm: 9 IR 517; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA)

                    
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