Insurance Code § 885.405
A fraternal benefit society providing disability benefits must keep disability net premiums in a separate fund. If it uses a combined premium table for death and permanent total disability benefits, valuation must follow tables of reliable experience and the separate-fund rule does not apply.
- Jurisdiction
- United States — Texas
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- Code
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- Undated source snapshot
- Language
- en
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disability benefits fund segregation valuation
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Insurance Code § 885.405
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