Alabama Statutes

§ 27-36A-14 — Minimum Standard for Accident and Health Insurance Contracts

Alabama·Title 27 Insurance·Ch. 36A Standard Valuation Law
(a)For accident and health insurance contracts issued on or after the operative date of the valuation manual, the standard prescribed in the valuation manual is the minimum standard of valuation required under subsection (b) of Section 27-36A-3.
(b)For disability, accident and sickness, and accident and health insurance contracts issued on or after January 1, 1972, and prior to the operative date of the valuation manual, the minimum standard of valuation is the standard adopted by the commissioner by regulation.

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Legislative History

(Act 2016-411, §2.)

Nearby Sections

15
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