61A.255 SMOKER AND NONSMOKER MORTALITY TABLES.
For the purposes of sections
61A.24 and
61A.25, insurers may utilize the 1958
Commissioners Standard Ordinary and the 1958 Commissioners Extended Term smoker and
nonsmoker mortality tables and the 1980 Commissioners Standard Ordinary and the 1980
Commissioners Extended Term smoker and nonsmoker mortality tables in addition to the
tables specified in sections
61A.24 and
61A.25. The tables may be utilized as provided in the
model rule permitting smoker and nonsmoker mortality tables for use in determining minimum
reserve liabilities and nonforfeiture benefits adopted by the National Association of Insurance
Commissioners. This section applies to policies issued on or after January 1, 1984, and before
January 1, 1989.
History: 1984 c 538 s 1; 1984 c 592 s 46