N.M. Code R. § 13.18.2.24

Current through Register Vol. 35, No. 11, June 11, 2024
Section 13.18.2.24 - PREMIUM RATES FOR OTHER LAWFUL BENEFITS

If a contract of insurance includes other lawful benefit or benefits for which standards of reasonableness of benefits in relation to premiums are not elsewhere in this rule determined or described, any premium charged therefor shall be shown to the satisfaction of the superintendent of insurance to be based upon credible data and shall meet the basic test of reasonableness described in Subsection B of 13.18.2.17 NMAC of this rule.

N.M. Code R. § 13.18.2.24

7/1/97; 13.18.2.24 NMAC - Rn, 13 NMAC 18.2.24, 12/31/07