Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE50. INSURANCE |
PART1414. PRENEED LIFE INSURANCE MINIMUM STANDARDS FOR DETERMINING RESERVE LIABILITIES AND NONFORFEITURE VALUES |
§1414.40. Minimum Valuation Mortality Standards
Latest version.
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For preneed insurance contracts, as defined in Section 1414.30 of this Part, and similar policies and contracts, the minimum mortality standard for determining reserve liabilities and nonforfeiture values for both male and female insureds shall be the 1980 CSO Valuation Tables.