Statutes, codes, and regulations
Rhode Island Administrative Code
Title 230 - Department of Business RegulationChapter 20 - InsuranceSubchapter 25 - LIFE AND ANNUITIES
Part 12 - Preneed Life Insurance Minimum Standards for Determining Reserve Liabilities and Nonforfeiture Values (230-RICR-20-25-12)
Section 230-RICR-20-25-12.7 - Minimum Valuation Method Standards

230 R.I. Code R. 230-RICR-20-25-12.7

Download
PDF
Current through December 3, 2024
Section 230-RICR-20-25-12.7 - Minimum Valuation Method Standards
A. The method used in determining the standard for the minimum valuation of reserves of preneed insurance shall be the method defined in R.I. Gen. Laws Chapter 27-4.5.
B. The method used in determining the standard for the minimum nonforfeiture values for preneed insurance shall be the method defined in R.I. Gen. Laws Chapter 27-4.3.

230 R.I. Code R. 230-RICR-20-25-12.7