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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) For all disability insurance policies, the insurer shall maintain an active life reserve that places a sound value on its liabilities under the policies and that may not be less than the pro rata gross unearned premiums for the policies.
(2) The commissioner may promulgate rules to define additional standards for reserve requirements.
Cite this article: FindLaw.com - Montana Title 33. Insurance and Insurance Companies § 33-2-514. Reserve for disability insurance - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-33-insurance-and-insurance-companies/mt-st-33-2-514/
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