403 - Mortality and other tables.

§  403.  Mortality and other tables. In all valuations made under this  article where such valuation depends upon the continuance  of,  or  upon  the  termination  of  a  life  or lives in being, the table of mortality  prescribed by  section  four  thousand  two  hundred  seventeen  of  the  insurance  law  for new, ordinary life policies shall be employed in the  manner required by accepted actuarial practice. If, in  any  case,  such  table fails to provide required data, other tables accepted by actuarial  practice may be employed.