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COMMONWEALTH OF PENNSYLVANIA

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31 Pa. Code § 82.31. Variable life.

RESERVE LIABILITIES FOR VARIABLE LIFE INSURANCE


§ 82.31. Variable life.

 Reserve liabilities for variable life insurance policies shall be established under section 301 of The Insurance Department Act of one thousand nine hundred and twenty-one (40 P. S. §  71) in accordance with actuarial procedures that recognize the variable nature of the benefits provided and mortality guarantees.

Source

   The provisions of this §  82.31 adopted August 4, 1978, effective September 5, 1978, 8 Pa.B. 2171; amended April 28, 1989, effective April 29, 1989, 19 Pa.B. 1835; corrected June 30, 1989, effective retroactive to April 29, 1989, 19 Pa.B. 2754. Immediately preceding text appears at serial page (137046).


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