Special Maintenance (Life) Assessment

Special Maintenance (Life) Assessment

Statutory Cite: MGL C. 26, ยง8J
http://www.malegislature.gov/Laws/GeneralLaws/PartI/TitleII/Chapter26/Section8J

Anticipated Billing Date: March 2016
FY17 Amount: $1,014,000.00

Purpose: The Commissioner of Insurance shall make a special division of insurance maintenance assessment in each fiscal year against each life insurer licensed to do business in the commonwealth.

Basis: The assessment is made proportionately against each life insurer based on the percentage of so much of the premium as is reported on line twenty-two, columns three, four, and five of schedule T of the life insurer's most recent annual statement as compared to the total premium reported in line twenty-two, columns three, four and five of schedule T.

Back to main page

Feedback

Did you find what you were looking for on this webpage? * required
We use your feedback to help us improve this site but we are not able to respond directly. Please do not include personal or contact information. If you need a response, please locate the contact information elsewhere on this page or in the footer.
We use your feedback to help us improve this site but we are not able to respond directly. Please do not include personal or contact information. If you need a response, please locate the contact information elsewhere on this page or in the footer.

If you need to report child abuse, any other kind of abuse, or need urgent assistance, please click here.

Tell us what you think