{"data":{"id":"us-mt/33-20-209","jurisdiction":"us-mt","citation":"33-20-209","heading":"Determination of nonforfeiture values for special plans.","body":"For a plan of life insurance that provides for future premium determination the amounts of which are to be determined by the insurer based on then estimates of future experience or for a plan of life insurance that is of such a nature that minimum values cannot be determined by the methods described in 33-20-204 through 33-20-208:\n(1) the commissioner must be satisfied that the benefits provided under the plan are substantially as favorable to policyholders and insureds as the minimum benefits otherwise required by 33-20-204 through 33-20-208;\n(2) the commissioner must be satisfied that the benefits and the pattern of premiums of that plan are not such as to mislead prospective policyholders or insureds; and\n(3) the cash surrender values and paid-up nonforfeiture benefits provided by such plan may not be less than the minimum values and benefits required for the plan computed by a method consistent with the principles of this part, as determined by rules promulgated by the commissioner.","path":["TITLE 33. INSURANCE AND INSURANCE COMPANIES","CHAPTER 20. LIFE INSURANCE","Part 2. Standard Nonforfeiture Law Life Insurance"],"source_url":"https://mca.legmt.gov/bills/mca/title_0330/chapter_0200/part_0020/section_0090/0330-0200-0020-0090.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:52:39Z","sha256":"5648a3759d0ea6dff9df5210ddffbe5a456d216acbd57a4f535ca6fdaeaff634","source_id":"us-mt","stale":false,"prev":"us-mt/33-20-208","next":"us-mt/33-20-210"},"notice":"GroundRules: Original legal text. Not legal advice."}