19 MAC Pt. 2, R. 7.02

Purpose

Year: 2026Length: 51 wordsOfficial source

Cite as 19 Miss. Admin. Code Pt. 2, R. 7.02

Purpose The purpose of the Regulation is to permit the use of mortality tables that reflect differences in mortality between smokers and nonsmokers in determining minimum reserve liabilities and minimum cash surrender values and amounts of paid-up nonforfeiture benefits for plans of insurance with separate premium rates for smokers and nonsmokers.
19 MAC Pt. 2, R. 7.02: Purpose | Justis AI