Statutes, codes, and regulations
Indiana Administrative Code
Title 760 - DEPARTMENT OF INSURANCEArticle 1 - GENERAL PROVISIONS
Rule 760 IAC 1-82 - Term and Universal Life Insurance Reserve Financing
Section 760 IAC 1-82-10 - "Required level of primary security" defined

760 Ind. Admin. Code 1-82-10

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Current through December 25, 2024
Section 760 IAC 1-82-10 - "Required level of primary security" defined

Authority: IC 27-6-10.1-5

Affected: IC 27-6-10.1

Sec. 10.

"Required level of primary security" means the dollar amount determined by applying the actuarial method to the risks ceded with respect to covered policies, but not more than the total reserve ceded.

760 IAC 1-82-10

Department of Insurance; 760 IAC 1-82-10; filed 2/13/2023, 2:47 p.m.: 20230315-IR-760220245FRA