Cálculo de Primas Ajustadas para Pólizas Ordinarias en Texas

Sec. 1105.152. COMPUTATION OF ADJUSTED PREMIUMS FOR CERTAIN ORDINARY POLICIES ISSUED BEFORE JANUARY 1, 1989. (a) Except as provided by Subsection (b), this section applies only to an ordinary policy to which Subchapter B does not apply and that is issued on or after January 1, 1974 and before January 1, 1989. (b) This section also applies to an ordinary policy issued by a company after a date specified in a written notice: (1) that was filed by the company with the State Board of Insurance after August 23, 1963, but before January 1, 1974; and (2) under which the company filing the notice elected to comply before January 1, 1974, with the law codified by this section. (c) An adjusted premium or present value determined under this chapter as to a policy to which this section applies must be computed on the basis of the Commissioners 1958 Standard Ordinary Mortality Table. (d) A computation as to a policy to which this section applies must be made using the rate of interest specified by the policy for computing cash surrender values and paid-up nonforfeiture benefits, except that the rate of interest may not exceed: (1) 3-1/2 percent a year for a policy issued before June 14, 1973; (2) 4 percent a year for a policy issued on or after June 14, 1973, and before August 29, 1977; (3) 5-1/2 percent a year for a policy issued on or after August 29, 1977, other than a single premium whole life or endowment insurance policy; or (4) 6-1/2 percent a year for a single premium whole life o