 |
New York Codes Rules Regulations (Last Updated: March 27,2024) |
 |
TITLE 11. Insurance |
|
|
Chapter III. Policy and Certificate Provisions |
|
|
Subchapter A. Life, Accident and Health Insurance |
|
|
Part 42. Term Life Issuance and Renewal Restrictions; Nonforfeiture Values for Certain Life Insurance Policies |
|
|
Subpart 42-2. Term Life Issuance and Renewal Restrictions; Nonforfeiture Values for Certain Life Policies Issued on or after January 1, 2008 |
Subpart 42-2. Term Life Issuance and Renewal Restrictions; Nonforfeiture Values for Certain Life Policies Issued on or after January 1, 2008
| 11 CRR-NY III A 42-2 Notes |
| Sec. 42-2.1. Purpose |
| Sec. 42-2.2. Applicability |
| Sec. 42-2.3. Definitions |
| Sec. 42-2.4. Rounding |
| Sec. 42-2.5. Joint life mortality |
| Sec. 42-2.6. Minimum policy anniversary nonforfeiture value requirements for indeterminate premium policies |
| Sec. 42-2.7. Full description of nonforfeiture method and statement of mortality table |
| Sec. 42-2.8. Anniversary values when insurance benefits are not level between anniversaries |
| Sec. 42-2.9. Nonforfeiture values at times other than on policy anniversaries |
| Sec. 42-2.10. Supplemental yearly renewable term insurance |
| Sec. 42-2.11. Calculation of minimum nonforfeiture values for polices with increases in either guaranteed death benefits or required premiums based on an index |
| Sec. 42-2.12. Term policy maximum age |
| Sec. 42-2.13. Death proceeds not available in a lump sum |