New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter IV - Financial Condition Of Insurer and Reports to Superintendent
Subchapter B - Life Insurers
Part 94 - Valuation Of Individual And Group Accident And Health Insurance Reserves
Section 94.1 - Purposes
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 94.1
Current through Register Vol. 46, No. 39, September 25, 2024
The purposes of this Part are:
(a) to implement sections 1303, 4117, 4217 (d), 4517 (d) and 4517 (f) of the Insurance Law regarding reserves for accident and health insurance policies; and
(b) to prescribe rules for valuing certain specified accident and health benefits in life insurance policies and annuity contracts.
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