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Current as of January 01, 2024 | Updated by Findlaw Staff
For all policies of insurance other than life insurance and annuities, the insurer shall maintain reserves which shall place a sound value on its liabilities under such policies and which shall not be less than the reserves according to appropriate standards set forth in regulations issued by the Commissioner and, in no event, less in the aggregate than the pro rata gross unearned premium reserve for such policies.
Cite this article: FindLaw.com - Vermont Statutes Title 8. Banking and Insurance, § 3502. Insurance--Other life insurance and annuities - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-8-banking-and-insurance/vt-st-tit-8-sect-3502/
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