GroundRules
14VAC5-60-10: Purpose
Where this section sits in the code
- Title 14. Insurance
- Agency 5. State Corporation Commission, Bureau of Insurance
- Chapter 60. Rules Permitting Smoker/Nonsmoker Mortality Tables for Use in Determining Minimum Reserve Liabilities and Nonforfeiture Benefits
The purpose of this chapter (14VAC5-60-10 et seq.) 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.
Collected 2026-09-14T04:51:49Z. Source file · JSON