Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 3 - LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
Subchapter OO - PRENEED LIFE INSURANCE MINIMUM MORTALITY STANDARDS FOR DETERMINING RESERVE LIABILITIES AND NONFORFEITURE VALUES
Section 3.9605 - Minimum Valuation Method Standards

Universal Citation: 28 TX Admin Code § 3.9605

Current through Reg. 50, No. 13; March 28, 2025

(a) The method used in determining the standard for the minimum valuation of reserves for preneed life insurance shall be the method defined in the Insurance Code Chapter 425 Subchapter B (Standard Valuation Law).

(b) The method used in determining the standard for the minimum nonforfeiture values for preneed life insurance shall be the method defined in the Insurance Code Chapter 1105 (Standard Nonforfeiture Law for Life Insurance).

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