RCW 48.74.090
Valuation of disability insurance.
For disability 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 RCW 48.74.022. For disability insurance contracts issued on or after July 10, 1982, and prior to the operative date of the valuation manual, the minimum standard of valuation is the standard adopted by the commissioner by rule.
[ 2016 c 142 § 12; 1993 c 462 § 90.]
NOTES:
Effective date—2016 c 142: See note following RCW 48.74.010.
Severability—Implementation—1993 c 462: See RCW 48.31B.901 and 48.31B.902.
Structure Revised Code of Washington
Chapter 48.74 - Standard Valuation Law.
48.74.015 - Definitions—Applicable after valuation manual is operative.
48.74.020 - Valuation of reserve liabilities—Applicable before valuation manual is operative.
48.74.022 - Valuation of reserve liabilities—Applicable after valuation manual is operative.
48.74.026 - Confidentiality of material submitted under RCW 48.74.025.
48.74.030 - Minimum standard for valuation.
48.74.040 - Amount of reserves required.
48.74.050 - Minimum aggregate reserves.
48.74.060 - Other methods of reserve calculation.
48.74.070 - Minimum reserve if gross premium less than valuation net premium.
48.74.080 - Procedure when specified methods of reserve determination unfeasible.
48.74.090 - Valuation of disability insurance.
48.74.100 - Valuation manual—Operative date—Changes—Required contents—Use—Commissioner's powers.
48.74.110 - Reserves—Principle-based valuation.
48.74.120 - Submission of data.
48.74.130 - Confidentiality of certain information—Exceptions.