ARM 6.6.3125

ARM 6.6.3125. PREMIUM RATE INCREASE -- ASSET YIELD RATES

Name: Justis AI
Availability: InStock

Last amended: 2015Length: 44 wordsOfficial source

Cite as Mont. Admin. R. 6.6.3125

(1) An issuer may not use asset investment yield rate changes to justify any premium rate schedule increase for a long-term care insurance policy. This does not prohibit the commissioner from considering an issuer's potential insolvency when making rate determinations pursuant to ARM 6.6.3124.