Insurance – Annuities – Nonforfeiture – Interest Rate
Life insurance; decreases the minimum nonforfeiture amount interest rate.
Life insurance and annuities; modifying calculation of certain interest rate. Effective date.
Revise a certain provision regarding standard nonforfeiture amounts for individual deferred annuities.
An Act Concerning The Insurance Department's Recommendations Regarding The Standard Nonforfeiture Law For Life Insurance.
Deferred annuities-minimum nonforfeiture.
Insurance Dept., life and annuity policies, standard nonforfeiture law for individual deferred annuities, group capital calculation and stress test, providing for holding companies, duties to Commission and lead state commissioner, small company alternative valuation provision, exemptions, exemption premium based on valuation manual of NAIC, Commissioner of Insurance may regulate by rule, Secs. 27-15-28.2, 27-29-1, 27-29-3, 27-29-4, 27-29-7, 27-36A-20 am'd.
Insurance Dept., life and annuity policies, standard nonforfeiture law for individual deferred annuities, group capital calculation and stress test, providing for holding companies, duties to Commission and lead state commissioner, small company alternative valuation provision, exemptions, exemption premium based on valuation manual of NAIC, Commissioner of Insurance may regulate by rule, Secs. 27-15-28.2, 27-29-1, 27-29-3, 27-29-4, 27-29-7, 27-36A-20 am'd.
Insurance: annuities and life insurance policies.
Relating to the sale and marketing of life insurance and annuities.