Delaware Administrative Code
Title 18 - Insurance
1200 - Life Insurance and Annuities
1213 - Recognition Of The 2001 CSO Mortality Table For Use In Determining Minimum Reserve Liabilities And Nonforfeiture Benefits
Section 1213-4.0 - 2001 CSO Mortality Table

Universal Citation: 18 DE Admin Code 1213-4.0

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

4.1 At the election of the company for any one or more specified plans of insurance and subject to the conditions stated in this regulation, the 2001 CSO Mortality Table may be used as the minimum standard for policies issued on or after January 1, 2004 and before the date specified in section 4.2 to which 18 Del.C. § 1111, 1113(b)(1) a.3, and 2929(g)(8)f and Regulation 1212 sections 5.1 and 5.2 are applicable. If the company elects to use the 2001 CSO Mortality Table, it shall do so for both valuation and nonforfeiture purposes.

4.2 Subject to the conditions stated in this regulation, the 2001 CSO Mortality Table shall be used in determining minimum standards for policies issued on and after January 1, 2009, to which 18 Del.C. § 1111, 113(b)(1) a.3 and 2929(g)(8)f and Regulation 1212 sections 5.1 and 5.2 are applicable.

Disclaimer: These regulations may not be the most recent version. Delaware may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.