Ala. Code § 27-36-5: Active Life Reserve for Disability Insurance.
Where this section sits in the code
- Title 27 Insurance.
- Chapter 36 Liabilities.
For all disability insurance policies, the insurer shall maintain an active life reserve which shall place a sound value on its liabilities under such policies and be not less than the reserve according to appropriate standards set forth in regulations issued by the commissioner and, in no event, less in the aggregate than the pro rata gross unearned premiums for such policies.
Collected 2026-09-03T14:01:51Z. Source file · JSON