TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER b: DOMESTIC STOCK COMPANIES
PART 202
MORTGAGE GUARANTY INSURANCE
SECTION 202.ILLUSTRATION A UNEARNED PREMIUM FACTOR TO BE APPLIED TO PREMIUMS IN FORCE ON VALUATION DATE
Section 202.ILLUSTRATION A Unearned
Premium Factor to be Applied to Premiums In Force on Valuation Date
Contract Year Current at Valuation
Date
|
2 Year Coverage Period
|
3 Year Coverage Period
|
4 Year Coverage Period
|
5 Year Coverage Period
|
6 Year Coverage Period
|
1
|
88.8%
|
93.9%
|
95.7%
|
96.5%
|
97.0%
|
2
|
38.7%
|
66.7%
|
76.4%
|
81.0%
|
83.7%
|
3
|
|
22.9%
|
45.3%
|
56.0%
|
62.2%
|
4
|
|
|
14.5%
|
31.3%
|
41.1%
|
5
|
|
|
|
9.8%
|
22.7%
|
6
|
|
|
|
|
7.1%
|
7
|
|
|
|
|
|
8
|
|
|
|
|
|
9
|
|
|
|
|
|
10
|
|
|
|
|
|
11
|
|
|
|
|
|
12
|
|
|
|
|
|
13
|
|
|
|
|
|
14
|
|
|
|
|
|
15
|
|
|
|
|
|
Contract Year Current at Valuation
Date
|
7 Year Coverage Period
|
8 Year Coverage Period
|
9 Year Coverage Period
|
10 Year Coverage Period
|
11 Year Coverage Period
|
1
|
97.3%
|
97.5%
|
97.7%
|
97.7%
|
97.8%
|
2
|
85.4%
|
86.5%
|
87.3%
|
87.6%
|
87.9%
|
3
|
66.2%
|
68.8%
|
70.4%
|
71.3%
|
71.9%
|
4
|
47.4%
|
51.3%
|
53.8%
|
55.3%
|
56.1%
|
5
|
31.0%
|
36.2%
|
39.4%
|
41.3%
|
42.5%
|
6
|
17.1%
|
23.3%
|
27.2%
|
29.5%
|
30.9%
|
7
|
5.4%
|
12.5%
|
16.9%
|
19.6%
|
21.2%
|
8
|
|
3.8%
|
8.6%
|
11.6%
|
13.3%
|
9
|
|
|
2.5%
|
5.6%
|
7.5%
|
10
|
|
|
|
1.6%
|
3.4%
|
11
|
|
|
|
|
0.9%
|
12
|
|
|
|
|
|
13
|
|
|
|
|
|
14
|
|
|
|
|
|
15
|
|
|
|
|
|
|
|
|
|
|
|
|
Contract Year Current at Valuation
Date
|
12 Year Coverage Period
|
13 Year Coverage Period
|
14 Year Coverage Period
|
15 Year Coverage Period
|
1
|
97.8%
|
97.8%
|
97.8%
|
97.8%
|
2
|
88.1%
|
88.1%
|
88.2%
|
88.2%
|
3
|
72.3%
|
72.5%
|
72.6%
|
72.6%
|
4
|
56.7%
|
57.1%
|
57.2%
|
57.3%
|
5
|
43.2%
|
43.7%
|
43.9%
|
44.0%
|
6
|
31.8%
|
32.3%
|
32.7%
|
32.8%
|
7
|
22.1%
|
22.8%
|
23.2%
|
23.3%
|
8
|
14.4%
|
15.1%
|
15.5%
|
15.7%
|
9
|
8.6%
|
9.3%
|
9.9%
|
10.1%
|
10
|
4.6%
|
5.4%
|
6.0%
|
6.2%
|
11
|
2.1%
|
2.9%
|
3.5%
|
3.7%
|
12
|
0.6%
|
1.3%
|
1.9%
|
2.1%
|
13
|
|
0.4%
|
0.9%
|
0.5%
|
14
|
|
|
0.3%
|
0.1%
|
15
|
|
|
|
|
|