Conn. Gen. Stat. § 38a-431
Current with legislation from the 2024 Regular and Special Sessions.
Any life insurance company may issue life or endowment insurance, with or without annuities, upon the group plan, as defined by the commissioner, with special rates of premiums less than the usual rates of premiums for such policies. All policies of group insurance shall be segregated by the company into a separate class and the mortality experience kept separate. The number of policies, amount of insurance, reserves, premiums and payments to policyholders thereunder, together with the mortality table and interest assumption adopted by the company, shall be reported separately in the company's annual financial statement.
Conn. Gen. Stat. § 38a-431
(1949 Rev., S. 6143; 1951, S. 2828d; P.A. 78-312, S. 6.)