Fla. Stat. § 627.807

Current through the 2024 Legislative Session

Section 627.807 - Variable or indeterminate value contract reserve requirements

The reserve liability for variable or indeterminate value contracts shall be established in accordance with actuarial procedures that recognize the variable nature of the benefits, values, or premiums provided and any mortality guarantees.

Fla. Stat. § 627.807

s. 2, ch. 73-30; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 592, 593, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s.114, ch. 92-318.