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054.00.59-10. Reports to Policyholders

AR ADC 054.00.59-10Arkansas Administrative Code

West's Arkansas Administrative Code
Title 054. Insurance Department
Division 00.
Rule 59. Modified Guaranteed Annuities
Ark. Admin. Code 054.00.59-10
054.00.59-10. Reports to Policyholders
Companies will annually provide their contract holders with a report showing both the account value and the cash surrender value. The report shall clearly indicate that the account value is prior to the application of any surrender charges or market-value adjustment formula. It should also specify the surrender charge and market value adjustment used to determine the cash surrender value.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.59-10, AR ADC 054.00.59-10
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