8 V.S.A. § 3791m: Minimum standard for accident and health insurance contracts
Where this section sits in the code
- Title 8: Banking and Insurance
- Chapter 103: Life Insurance Policies and Annuity Contracts
- Subchapter 004A: STANDARD VALUATION LAW
For accident and health insurance contracts issued on or after the operative date of the Valuation Manual, the standard prescribed in the Valuation Manual is the minimum standard of valuation required under subsection 3791b(b) of this subchapter. For disability, accident and sickness, accident and health insurance contracts issued on or after July 1, 1968 and prior to the operative date of the Valuation Manual, the minimum standard of valuation is the standard adopted by the Commissioner by rule.
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