StacksVerified U.S. regulatory reference

42 CFR §403.215

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)The policy must be expected to return to the policyholders, in the form of aggregate benefits provided under the policy—
    1. (1)At least 75 percent of the aggregate amount of premiums in the case of group policies; and
    2. (2)At least 60 percent of the aggregate amount of premiums in the case of individual policies.
  2. (b)For purposes of loss ratio requirements, policies issued as a result of solicitation of individuals through the mail or by mass media advertising are considered individual policies.