Delaware Administrative Code
Title 18 - Insurance
1200 - Life Insurance and Annuities
1212 - Valuation of Life Insurance Policies [Formerly Regulation 85]
Section 1212-1.0 - Purpose

Universal Citation: 18 DE Admin Code 1212-1.0

Current through Register Vol. 28, No. 3, September 1, 2024

1.1 The purpose of this regulation is to provide:

1.1.1 Tables of select mortality factors and rules for their use;

1.1.2 Rules concerning a minimum standard for the valuation of plans with non-level premiums or benefits; and

1.1.3 Rules concerning a minimum standard for the valuation of plans with secondary guarantees.

1.2 The method for calculating basic reserves defined in this regulation will constitute the Commissioners' Reserve Valuation Method for policies to which this regulation is applicable.

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