Administrative Code

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Virginia Administrative Code
Title 14. Insurance
Agency 5. State Corporation Commission, Bureau of Insurance
Chapter 323. Preneed Life Insurance Minimum Standards for Determining Reserve Liabilities and Nonforfeiture Values
1/18/2020

14VAC5-323-30. Minimum Valuation Mortality Standards.

For preneed insurance contracts, and similar policies and contracts, the minimum mortality standard for determining reserve liabilities and nonforfeiture values for both male and female insureds shall be the Ultimate 1980 CSO.

Statutory Authority

§§ 12.1-13 and 38.2-223 of the Code of Virginia.

Historical Notes

Derived from Volume 25, Issue 08, eff. January 1, 2009.

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