Mont. Code Ann. § 33-2-514

Reserve for disability insurance

Last amended: 1997Year: 2026Length: 60 wordsOfficial source
33-2-514 . Reserve for disability insurance. (1) For all disability insurance policies, the insurer shall maintain an active life reserve that places a sound value on its liabilities under the policies and that may not be less than the pro rata gross unearned premiums for the policies. (2) The commissioner may promulgate rules to define additional standards for reserve requirements.
Mont. Code Ann. § 33-2-514: Reserve for disability insurance | Justis AI