In order to ensure that sufficient funds will be available to make the refunds required by the policy and this part and to guarantee promised benefits to policyholders:

1. (1) The aggregate reserves for each credit life insurance policy shall not be less than one hundred thirty percent (130%) of reserves as computed in an appropriate mortality table in a manner determined in accordance with the Arkansas Insurance Code; and
2. (2) The reserve for each credit disability insurance policy shall not be less than the amount of unearned premium calculated from gross premiums in force upon either a pro rata or sum of the digits basis, as applicable.