Chapter 7 Reserve Standards for Disability Insurance (500.701...500.737)

  1. Law
  2. Michigan Compiled Laws
  3. Insurance Code of 1956
  4. 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
  5. Chapter 7 Reserve Standards for Disability Insurance (500.701...500.737)

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Section
500.701

Definitions.

Section
500.702

Health Insurance Reserves; Determination of Adequacy; Basis.

Section
500.703

Claim Reserves and Claim Expense Reserves Required; Conditions; Testing for Adequacy and Reasonableness.

Section
500.705

Disability Income Claim Reserves; Maximum Interest Rate; Morbidity Standards Specified in Rules; Exception; Group Disability Income Claim Reserves; Duration From Date of Disablement 2 Years or More but Less Than 5 Years; Basis; Request for Modification Plan Approval; Elimination Period; Measurement of Disablement Duration.

Section
500.707

Health Insurance Benefits Other Than Disability Income; Claim Reserves Maximum Interest Rate; Basis of Claim Reserve.

Section
500.709

Estimation of Claim Liabilities; Methods.

Section
500.711

Unearned Premium Reserves; Treatment of Premiums Due and Unpaid; Discount of Certain Gross Premiums Paid in Advance.

Section
500.713

Minimum Unearned Premium Reserve; Basis; Sum of Unearned Premium and Contract Reserves; Limitation.

Section
500.715

Premium Reserves; Computation.

Section
500.717

Contract Reserves; Required for Certain Policies and Certificates; Exception; Addition to Claim and Premium Reserves; Methods and Procedures; Date of Incurral Defined.

Section
500.719

Morbidity Standards; Rules; Structure of Valuation Net Premiums; Valuation of Health Insurance Policies and Certificates for Which Tabular Morbidity Standards Not Specified; Maximum Interest Rate for Contract Reserves; Termination Rates; Adjustment of Morbidity Standard on Aggregate Basis; Minimum Reserve; Application of Certain Reserve Adjustments; Offset of Negative Reserves Against Positive Reserves; Total Contract Reserve Not Less Than Zero.

Section
500.721

Application of Alternative Method or Basis to Contract Reserve; Assumptions; Methods to Determine Sound Value of Liabilities.

Section
500.723

Tabular Reserves; Annual Review; Increments; Restriction of Future Gross Premiums; Establishment of Contract Reserves for Insufficiency in Aggregate.

Section
500.725

Reinsurance; Determination of Increases To, or Credit Against, Reserves.

Section
500.729

Individual Insurance Policies; Minimum Morbidity Standards for Disability Income Benefits; Basis of Contract Reserve Standards for Certain Hospital, Surgical, and Maternity Benefits; Basis of Contract Reserve Standards for Certain Cancer Expense Benefits and Accidental Death Benefits.

Section
500.731

Disability Benefits for Group Health Insurance Certificates; Minimum Morbidity Standards.

Section
500.733

Maximum Interest Rates.

Section
500.735

Mortality Basis; Use of Other Mortality Tables; Request for Approval.

Section
500.737

Rules.