Delaware Statutes
§ 1108 — Health insurance policy reserves
For all health insurance policies the insurer shall maintain an active life reserve which shall place a sound value on its liabilities under such policies and be not less than the reserve 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 premiums for such policies.
Free access — add to your briefcase to read the full text and ask questions with AI
Delaware § 1108 (Health insurance policy reserves) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
18 Del. C. 1953, § 1108; 56 Del. Laws, c. 380, § 1
Nearby Sections
15
§ 1101
“Assets” defined§ 1102
Assets not allowed§ 1103
Liabilities, in general§ 1106
Unearned premium reserve§ 1109
Title insurance reserves§ 1111
Title and definitions§ 1112
Reserve valuation