Statutes, codes, and regulations
New Hampshire Administrative Code
Title Ins - Commissioner, Insurance DepartmentChapter Ins 3500 - VALUATION OF LIFE INSURANCE POLICIES
Part Ins 3506 - CALCULATION OF MINIMUM VALUATION STANDARD FOR FLEXIBLE PREMIUM AND FIXED PREMIUM UNIVERSAL LIFE INSURANCE POLICIES THAT CONTAIN PROVISIONS RESULTING IN THE ABILITY OF A POLICYOWNER TO KEEP A POLICY IN FORCE OVER A SECONDARY GUARANTEE PERIOD
Section Ins 3506.02 - Basic Reserves for the Secondary Guarantees

N.H. Admin. Code § Ins 3506.02

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Current through Register No. 45, November 7, 2024
Section Ins 3506.02 - Basic Reserves for the Secondary Guarantees

Basic reserves for the secondary guarantees shall be the segmented reserves for the secondary guarantee period. In calculating the segments and the segmented reserves, the gross premiums shall be set equal to the specified premiums, if any, or otherwise to be minimum premiums, that keep the policy in force and the segments will be determined according to the contract segmentation method as defined in Ins 3503.01(b).

N.H. Admin. Code § Ins 3506.02

#7419, eff 7-1-01; ss by # 9516, eff 7-25-09

Amended by Volume XXXVII Number 28, Filed July 13, 2017, Proposed by #12228, Effective 7/25/2017, Expires 7/25/2027.