Pennsylvania Code
Title 31 - INSURANCE
Part IV - Life Insurance
Chapter 84c - VALUATION OF LIFE INSURANCE POLICIES
Section 84c.1 - Purpose
Universal Citation: 31 PA Code ยง 84c.1
Current through Register Vol. 54, No. 44, November 2, 2024
This chapter implements section 301(c)(1) and (3) of the act (40 P. S. § 71(c)(1) and (3)) by adopting select mortality factors for use in determining minimum standards of valuation and by interpreting the minimum reserve standard for the valuation of life insurance plans with nonlevel premiums or benefits and plans with secondary guarantees. The method for calculating basic reserves defined in this chapter will constitute the Commissioner's Reserve Valuation Method for policies to which this chapter is applicable.
Disclaimer: These regulations may not be the most recent version. Pennsylvania 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.
