Statutes, codes, and regulations
Maine Administrative Code
Department 02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATIONDivision 031 - BUREAU OF INSURANCEChapter 340 - MORTALITY TABLES FOR DETERMINING MINIMUM RESERVES AND NONFORFEITURE BENEFITS
Article IX - Preneed Life Insurance Minimum Standards for Determining Reserve Liabilities and Nonforfeiture Values
Section 031-340-IX-4 - Minimum Valuation Mortality Standards

02-031-340 Me. Code R. § IX-4

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Current through 2025-03, January 15, 2025
Section 031-340-IX-4 - Minimum Valuation Mortality Standards

For preneed insurance contracts, as defined in Section 3(C) of this Article, and similar policies and contracts, the minimum mortality standard for determining reserve liabilities and non-forfeiture values for both male and female insureds shall be the Ultimate 1980 CSO.

02-031 C.M.R. ch. 340, § IX-4