Sec. 94.1. Purposes

Latest version.

The purposes of this Part are:
(a) to implement sections 1303, 4117, 4217(d), 4517(d) and 4517(f) of the Insurance Law regarding reserves for accident and health insurance policies; and
(b) to prescribe rules for valuing certain specified accident and health benefits in life insurance policies and annuity contracts.

                    
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