Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 28. INSURANCE |
PART 1. TEXAS DEPARTMENT OF INSURANCE |
CHAPTER 4. LIFE AND ANNUITY |
SUBCHAPTER BB. LIFE AND ANNUITY RESERVES |
DIVISION 3. VALUATION OF LIFE INSURANCE POLICIES |
SECTION 4.2822. Adoption of Tables of Select Mortality Factors
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The six tables of select mortality factors adopted in this section are from the NAIC model regulation titled "Valuation of Life Insurance Policies Model Regulation" that was adopted by the NAIC on March 8, 1999. The six tables of base select mortality factors include: male aggregate, male nonsmokers, male smoker, female aggregate, female nonsmoker, and female smoker. These tables apply to both age-last-birthday and age-nearest-birthday mortality tables.
Source Note: The provisions of this §4.2822 adopted to be effective January 1, 2000, 24 TexReg 9650; transferred effective September 1, 2023, as published in the July 28, 2023, issue of the Texas Register, 48 TexReg 4127; amended to be effective January 24, 2024, 49 TexReg 250