02-031-340 Me. Code R. § IX-2

Current through 2025-03, January 15, 2025
Section 031-340-IX-2 - Purpose

The purpose of this Article is to establish for preneed insurance products minimum mortality standards for reserves and nonforfeiture values, and to require the use of the 1980 Commissioners Standard Ordinary (CSO) Life Valuation Mortality Table for use in determining the minimum standard of valuation of reserves and the minimum standard nonforfeiture values for preneed insurance products.

02-031 C.M.R. ch. 340, § IX-2