28 Tex. Admin. Code § 4.2731

Current through Reg. 49, No. 49; December 6, 2024
Section 4.2731 - Purpose

The purpose of this subchapter is to recognize and permit the use of mortality tables that reflect differences in mortality between preferred and standard lives in determining minimum reserve liabilities in accordance with Insurance Code § 425.058(c)(3), concerning Computation of Minimum Standards: General Rule, and § 4.2825 of this title (relating to General Calculation Requirements for Basic Reserves and Premium Deficiency Reserves). Policies issued on or after January 1, 2017, must follow the applicable mortality table requirements provided by the valuation manual adopted under Insurance Code Chapter 425, Subchapter B, concerning Standard Valuation Law.

28 Tex. Admin. Code § 4.2731

Adopted by Texas Register, Volume 49, Number 03, January 19, 2024, TexReg 0263, eff. 1/24/2024