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054.00.95-7. Minimum Valuation Method Standards

AR ADC 054.00.95-7Arkansas Administrative Code

West's Arkansas Administrative Code
Title 054. Insurance Department
Division 00.
Rule 95. Preneed Life Insurance Minimum Standards for Determining Reserve Liabilities and Nonforfeiture Values Model Regulation
Ark. Admin. Code 054.00.95-7
054.00.95-7. Minimum Valuation Method Standards
Currentness
A. The method used in determining the standard for the minimum valuation of reserves of preneed insurance shall be the method required under Ark. Code. Ann.§ 23-84-101 et seq, in the “Standard Valuation Law For Life Insurance and Annuities.”
B. The method used in determining the standard for the minimum nonforfeiture values for preneed insurance shall be the method required under Ark. Code Ann. § 23-81-207 et seq, in the “Standard Nonforfeiture Law For Life Insurance.”

Credits

Amended Jan. 1, 2009.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.95-7, AR ADC 054.00.95-7
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