Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 29.00 - Valuation Of Life Insurance Policies
Section 29.01 - Purpose
Universal Citation: 211 MA Code of Regs 211.29
Current through Register 1531, September 27, 2024
The purpose of 211 CMR 29.00 is to provide tables of select mortality factors and rules for their use, rules concerning a minimum standard for the valuation of plans with non level premiums or benefits, and rules concerning a minimum standard for the valuation of plans with secondary guarantees. The method for calculating basic reserves defined in 211 CMR 29.00 will constitute the Commissioners' Reserve Valuation Method for policies to which 211 CMR 29.00 is applicable.
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