New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter III - Policy and Certificate Provisions
Subchapter A - Life, Accident and Health Insurance
Part 53 - Life And Annuity Cost Disclosure And Sales Illustrations
Subpart 53-2 - Disclosure Requirements
Section 53-2.5 - Rules for the calculation of the life insurance net payment cost index

Universal Citation: 11 NY Comp Codes Rules and Regs § 53-2.5

Current through Register Vol. 46, No. 39, September 25, 2024

The life insurance net payment cost index is calculated in the same manner as the comparable life insurance surrender cost index except that the cash surrender values and any terminal dividends are set at zero.

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