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Standard Nonforfeiture Law for Life Insurance.
Law
Code of Alabama
Insurance.
Life Insurance and Annuity Contracts.
Standard Nonforfeiture Law for Life Insurance.
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Section
27-15-70
Short Title.
Section
27-15-71
Definitions.
Section
27-15-72
Nonforfeiture Benefits.
Section
27-15-73
Computation of Cash Surrender Value.
Section
27-15-74
Computation of Paid-Up Nonforfeiture Benefits.
Section
27-15-75
Calculation of Adjusted Premiums.
Section
27-15-76
Calculation of Adjusted Premiums - Ordinary Policies.
Section
27-15-77
Calculation of Adjusted Premiums - Industrial Policies.
Section
27-15-78
Calculations of Adjusted Premiums by the Nonforfeiture Net Level Premium Method.
Section
27-15-79
Nonforfeiture Benefits for Indeterminate Premium Plans.
Section
27-15-80
Proration of Values; Net Value of Paid-Up Additions.
Section
27-15-81
Consistency of Progression of Cash Surrender Values With Increasing Policy Duration.
Section
27-15-82
Exceptions.
Section
27-15-83
Applicability of Article.