The reserve liability for variable contracts shall be established in accordance with actuarial procedures which recognize the variable nature of the benefits to be provided and any mortality guarantees.
Structure Mississippi Code
§ 83-7-1. Life insurance companies defined
§ 83-7-3. Distinction in same class and rebates prohibited
§ 83-7-5. Proceeds of policy not subject to judicial process or assignment while in hands of company
§ 83-7-9. Assignment of group life insurance policy
§ 83-7-11. Penalty for false statement as to publication
§ 83-7-13. Application of insured to be filed with policy of insurance
§ 83-7-15. Misstatement of age not to invalidate policy
§ 83-7-19. Minors may make insurance contract
§ 83-7-21. Reserve liabilities
§ 83-7-23. Standard valuation law
§ 83-7-25. Standard nonforfeiture law
§ 83-7-31. Crediting of income or charging of losses on separate accounts
§ 83-7-33. Valuation of assets allocated to separate accounts
§ 83-7-35. Ownership of amounts allocated to separate accounts
§ 83-7-37. Powers of domestic companies establishing separate accounts
§ 83-7-39. Reserve liability for variable contracts
§ 83-7-51. Notice of right to return policy; effect of return