Regulations of Connecticut State Agencies (Last Updated: June 14,2023) |
Title38a Insurance Department |
SubTitle38a-78-1_38a-78-44. Connecticut Standard Valuation Law Actuarial Opinion and Memorandum |
Sec.38a-78-17. Purpose
Latest version.
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The purpose of Sections 38a-78-18 to 38a-78-20, inclusive, is to permit the use of mortality tables that reflect differences in mortality between smokers and nonsmokers in determining minimum reserve liabilities for plans of insurance with separate premium rates for smokers and nonsmokers.
(Effective September 25, 1992)