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21,718 sections across 817 New Hampshire regulatory chapters.
Ins 3500-Ins 3505.06 Optional Exemption for Attained-Age-Based Yearly Renewable Term Life Insurance Policies
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(a) At the option of the company, the following approach for reserves for attained-age-based YRT life insurance policies may be used: (1) Calculate the valuation net premium for each future policy year as the tabular cost of insurance for that future year; (2) Basic reserves shal…
Ins 3500-Ins 3505.07 Exemption from Unitary Reserves for Certain n -Year Renewable Term Life Insurance Policies
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(a) Unitary basic reserves and unitary deficiency reserves need not be calculated for a policy if the following conditions are met: (1) The policy consists of a series of n-year periods, including the first period and all renewal periods, where n is the same for each period, exce…
Ins 3500-Ins 3505.08 Exemption from Unitary Reserves for Certain Juvenile Policies
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(a) Unitary basic reserves and unitary deficiency reserves need not be calculated for a policy if the following conditions are met, based upon the initial current premium scale at issue: (1) At issue, the insured is age twenty-four (24) or younger; (2) Until the insured reaches t…