Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 3 - LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
Subchapter EE - VALUATION OF LIFE INSURANCE POLICIES
Section 3.4501 - Purpose
Universal Citation: 28 TX Admin Code § 3.4501
Current through Reg. 50, No. 13; March 28, 2025
(a) The purpose of this subchapter is to provide:
(1) Tables of select mortality
factors and rules for their use;
(2) Rules concerning a minimum standard for
the valuation of plans with nonlevel premiums or benefits; and
(3) Rules concerning a minimum standard for
the valuation of plans with secondary guarantees.
(b) The method for calculating basic reserves defined in this subchapter will constitute the Commissioners' Reserve Valuation Method for policies to which this subchapter is applicable.
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