### Question
How does the law define total insurance liabilities?


### Answer
Under *26 U.S.C. § 842*, **total insurance liabilities** is defined as:

> the sum of the total reserves (as defined in section 816(c)) plus (to the extent not included in total reserves) the items referred to in paragraphs (3), (4), (5), and (6) of section 807(c)

#### Citation:
  - *26 U.S.C. § 842*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter L-Insurance Companies > PART III-PROVISIONS OF GENERAL APPLICATION**

