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-6 - Minimum Valuation Method Standards

02-031-340 Me. Code R. § IX-6

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Current through 2024-46, November 13, 2024
Section 031-340-IX-6 - Minimum Valuation Method Standards
A. The method used in determining the standard for the minimum valuation of reserves of preneed insurance shall be the method defined in 24-A M.R.S.A. §954.
B. The method used in determining the standard for the minimum nonforfeiture values for preneed insurance shall be the method defined in 24-A M.R.S.A. §2532-A.

02-031 C.M.R. ch. 340, § IX-6