Statutes, codes, and regulations
Mississippi Administrative Code
Title 19 - Department of InsurancePart 2 - Life Insurance
Chapter 7 - (84-104) Mississippi's Regulation Permitting the Use of Smoker/Non-Smoker Mortality Tables When Determining Minimum Reserve Liabilities and Nonforfeiture Benefits
Rule 19-2-7.02 - Purpose

19 Miss. Code. R. 2-7.02

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Current through December 10, 2024
Rule 19-2-7.02 - Purpose

The purpose of the Regulation is to permit the use of mortality tables that reflect differences in mortality between smokers and nonsmokers in determining minimum reserve liabilities and minimum cash surrender values and amounts of paid-up nonforfeiture benefits for plans of insurance with separate premium rates for smokers and nonsmokers.

19 Miss. Code. R. 2-7.02

Miss. Code Ann. § 83-7-25 (Rev 2011)