760 Ind. Admin. Code 1-32-2

Current through December 12, 2024
Section 760 IAC 1-32-2 - Purpose of rule

Authority: IC 27-1-3-7

Affected: IC 27-1-12-7

Sec. 2.

The purpose of this rule [ 760 IAC 1-32 ] is to permit individual life insurance policies to provide the same cash surrender values and paid-up nonforfeiture benefits to both men and women and, for policies providing the same cash surrender values and paid-up nonforfeiture benefits to both men and women, to permit minimum valuation standards which are the same for both men and women.

760 IAC 1-32-2

Department of Insurance; 760 IAC 1-32-2; filed Jun 28, 1984, 12:46 pm: 7 IR 1928, eff Aug 1, 1984; filed Oct 16, 1985, 2:18 pm: 9 IR 516; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed November 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA