2011 Kansas Code
Chapter 40. - INSURANCE
Article 4. - GENERAL PROVISIONS RELATING TO LIFE INSURANCE COMPANIES
40-4,110 Same; inclusion of lapse of time considerations.
40-4,110. Same; inclusion of lapse of time considerations. Any paid-up annuity, cash surrender or death benefits available at any time, other than on the contract anniversary under any annuity contract with fixed scheduled considerations, shall be calculated with allowance for the lapse of time and the payment of any scheduled considerations beyond the beginning of the contract year in which cessation of payment of considerations under the annuity contract occurs.
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