Statutes, codes, and regulations
Indiana Administrative Code
Title 760 - DEPARTMENT OF INSURANCEArticle 1 - GENERAL PROVISIONS
Rule 760 IAC 1-76 - Preneed Life Insurance Minimum Standards for Determining Reserve Liabilities and Nonforfeiture Values
Section 760 IAC 1-76-3 - Minimum valuation interest rate standards

760 Ind. Admin. Code 1-76-3

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Current through December 12, 2024
Section 760 IAC 1-76-3 - Minimum valuation interest rate standards

Authority: IC 27-1-3-7

Affected: IC 27-1-12-7

Sec. 3.

(a) The interest rates used in determining the minimum standard for valuation of preneed insurance shall be the calendar year statutory valuation interest rates as set forth in IC 27-1-12-10[IC 27-1-12-10 was repealed by P.L. 276-2013, SECTION 5, effective July 1, 2013.].
(b) The interest rates used in determining the minimum standard for nonforfeiture values for preneed insurance shall be the calendar year statutory nonforfeiture interest rates as set forth in IC 27-1-12-7.

760 IAC 1-76-3

Department of Insurance; 760 IAC 1-76-3; filed Jan 27, 2009, 9:49 a.m.: 20090225-IR-760080613FRA
Readopted filed 11/20/2015, 9:25 a.m.: 20151216-IR-760150341RFA
Readopted filed 11/15/2021, 8:32 a.m.: 20211215-IR-760210419RFA