Authority: IC 27-1-3-7

Affected: IC 27-1-12-7

Sec. 3. (a) The interest rates used in determining the minimum standard for valuation of preneed insurance shall be the calendar year statutory valuation interest rates as set forth in IC 27-1-12-10 [ IC 27-1-12-10 was repealed by P.L.276-2013, SECTION 5, effective July 1, 2013.].

(b) The interest rates used in determining the minimum standard for nonforfeiture values for preneed insurance shall be the calendar year statutory nonforfeiture interest rates as set forth in IC 27-1-12-7.

(Department of Insurance; 760 IAC 1-76-3; filed Jan 27, 2009, 9:49 a.m.: 20090225-IR-760080613FRA; readopted filed Nov 20, 2015, 9:25 a.m.: 20151216-IR-760150341RFA; readopted filed Nov 15, 2021, 8:32 a.m.: 20211215-IR-760210419RFA; readopted filed Oct 22, 2025, 3:17 p.m.: 20251119-IR-760240637RFA)