# Insurance (GIN)

## Title 5. Assets, Liabilities, Reserves, and Investments of Insurers

### Subtitle 3. Standard Valuation Law

#### Section 5-309

(a) This section does not apply to reserves for disability and accidental death benefits and benefits for long-term home health care and long-term care in a nursing home or other related institution included in a life insurance policy.

(b) An insurer's aggregate reserves for all life insurance policies may not be less than the aggregate reserves calculated in accordance with:

  (1) the methods set forth in Sec.Sec. 5-307, 5-308, 5-311, and 5-312 of this subtitle; and

  (2) the mortality tables and rates of interest used in calculating nonforfeiture benefits for those policies.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)