California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 12.3 - Valuation of Life Insurance Policies
Section 2542.8 - Select Mortality Factors
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
This Section 2542.8 contains tables of select mortality factors that are the bases to which the respective percentages of Paragraph (b)(3) of Section 2542.4 are applied.
The six tables of select mortality factors contained herein include:
(1) male aggregate,
(2) male nonsmoker,
(3) male smoker,
(4) female aggregate,
(5) female nonsmoker, and
(6) female smoker.
These tables apply to both age last birthday and age nearest birthday mortality tables.
For sex-blended mortality tables, compute select mortality factors in the same proportion as the underlying mortality. For example, for Table B of the Blended 1980 CSO Tables, the calculated select mortality factors are eighty percent (80%) of the appropriate male table in this Section 2542.8, plus twenty percent (20%) of the appropriate female table in this Section 2542.8.
1. New section filed 11-19-2002; operative 1-1-2003 (Register 2002, No. 47).
Note: Authority cited: Sections 10489.2 and 10489.94, Insurance Code. Reference: Sections 790.03, 10489.2 and 10489.94, Insurance Code.