Del. Code tit. 18 § 1108

Current through 2024 Legislative Session Act Chapter 510

Section 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.

18 Del. C. § 1108

18 Del. C. 1953, § 1108; 56 Del. Laws, c. 380, § 1.;