Arizona Revised Statutes § 20-508 Reserves For Disability Insurance

20-508. Reserves for disability insurance

For all disability insurance policies the insurer, in addition to claim reserves, shall maintain an active life reserve which shall place a sound value on its liabilities under such policies and be not less than the amounts that are necessary to assure payment of its policyholder obligations including reserves for unearned premiums.

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Last modified: October 13, 2016