Encyclopedia

First calculation period


The first calculation period is the quarter in which the insurer receives a license to conduct voluntary life insurance1.

The first calculation period — the first quarter of 20272.

  1. Federal Law No. 477-FZ dated December 26, 2024 "On the Guarantee of Rights under Life Insurance Contracts". 2024, as amended on January 1, 2027, Article 9, paragraph 2. ↩

  2. Federal Law No. 477-FZ dated December 26, 2024 "On the Guarantee of Rights under Life Insurance Contracts". 2024, as amended on January 1, 2027, Article 12, paragraph 2. ↩

Laws with commentary

Codes and federal laws