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Indiana Administrative Code (Last Updated: December 20, 2016) |
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Title 760. DEPARTMENT OF INSURANCE |
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Article 760IAC1. GENERAL PROVISIONS |
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Rule 760IAC1-76. Preneed Life Insurance Minimum Standards for Determining Reserve Liabilities and Nonforfeiture Values |
Section 760IAC1-76-2. 2001 minimum valuation mortality standards
Latest version.
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For preneed insurance contracts, as defined in section 1 of this rule, and similar policies and contracts, the minimum mortality standard for determining reserve liabilities and nonforfeiture values for both male and female insureds shall be the Ultimate 1980 CSO. (Department of Insurance; 760 IAC 1-76-2; filed Jan 27, 2009, 9:49 a.m.: 20090225-IR-760080613FRA; readopted filed Nov 20, 2015, 9:25 a.m.: 20151216-IR-760150341RFA)