TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER s: LEGAL RESERVE LIFE PART 1412 RECOGNITION OF THE 2001 CSO MORTALITY TABLE FOR USE IN DETERMINING MINIMUM RESERVE LIABILITIES AND NONFORFEITURE BENEFITS SECTION 1412.10 PURPOSE Section 1412.10 Purpose
The purpose of this Part is to recognize, permit and prescribe the use of the 2001 Commissioners Standard Ordinary (CSO) Mortality Table under the authority of Sections 223(3)(a)(i) and 229.2(4c)(h)(vi) of the Illinois Insurance Code and for use under 50 Ill. Adm. Code 1409.40(a) and (b). |