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 1412.70 USE OF 2001 CSO PREFERRED CLASS STRUCTURE MORTALITY TABLE
Section 1412.70 Use of 2001 CSO Preferred Class Structure Mortality Table
The 2001 CSO Preferred Class Structure Mortality Tables may be used for calculations under the requirements of 50 Ill. Adm. Code 1409 using the guidance in Section 1412.50 of this Part, but substituting the 2001 CSO Preferred Class Structure Mortality Table for use in determining minimum reserve liabilities as authorized and described in 50 Ill. Adm. Code 1413.
(Source: Added at 31 Ill. Reg. 14708, effective October 16, 2007) |