Standard Valuation Law | Midpage

Collections
Maryland Code

3

Standard Valuation Law

State of Maryland

5-301Definitions 5-301.1Valuation of reserves by Commissioner 5-302Policies and contracts issued before operative date of Standard Nonforfeiture Law 5-303Application of subtitle to policies and contracts issued before, on, or after operative date of Standard Nonforfeiture Law 5-304Computation of minimum standard for valuation of life insurance policies, annuity contracts, and pure endowment contracts 5-305Computation of minimum standard for annuities 5-306Computation of minimum valuation standard by calendar year of issue 5-307Policies and contracts issued on or after operative date of Standard Nonforfeiture Law--reserve valuation method for life insurance and endowment benefits 5-308Reserve valuation method for annuity and pure endowment benefits 5-309Minimum aggregate reserves for life insurance policies 5-310Optional reserve calculation standards 5-311Reserve calculation for valuation net premium exceeding gross premium charged 5-312Reserve calculation for indeterminate premium plans 5-313Standards, operative date, and contents of valuation manual; examination of company by qualified attorney 5-314Establishment of reserves using principle-based valuation method 5-315Submission of other data prescribed in valuation manual 5-316Company confidential information 5-317Exemption from requirements of Insurance § 5-313