PocketLaw | US Virgin Islands Code | General Provisions

General Provisions

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Scope of chapter

Standard provisions required, life insurance

Grace period

Entire contract, representations

Incontestability

Misstatement of age

Participation in surplus

Policy loans

Table of values and options

Nonforfeiture options

Table of installments

Reinstatement

Settlement on proof of death

Standard provisions; annuities, pure endowment contracts

Annuities; grace period

Incontestability; annuities, pure endowments

Entire contract; annuities, pure endowments

Misstatement of age or sex; annuities, pure endowments

Dividends; annuities, pure endowments

Nonforfeiture benefits; annuities, pure endowments

Reinstatement; annuities, pure endowments

Standard provisions; reversionary annuities

Sections applicable

Reinstatement, reversionary annuities

Supplemental benefits

Limitation of liability

Incontestability after reinstatement

Premium deposits

Policy settlements

Deduction of indebtedness

Miscellaneous proceeds

Trafficking in dividend rights

Prohibited policy plan