Rhode Island Code of Regulations
Title 230 - Department of Business Regulation
Chapter 20 - Insurance
Subchapter 25 - LIFE AND ANNUITIES
Part 12 - Preneed Life Insurance Minimum Standards for Determining Reserve Liabilities and Nonforfeiture Values (230-RICR-20-25-12)
Section 230-RICR-20-25-12.7 - Minimum Valuation Method Standards

Current through September 18, 2024

A. The method used in determining the standard for the minimum valuation of reserves of preneed insurance shall be the method defined in R.I. Gen. Laws Chapter 27-4.5.

B. The method used in determining the standard for the minimum nonforfeiture values for preneed insurance shall be the method defined in R.I. Gen. Laws Chapter 27-4.3.

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