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2025 Code of Alabama
Title 27 - Insurance.
Chapter 15 - Life Insurance and Annuity Contracts.
Article 3 - Standard Nonforfeiture Law for Life Insurance.
- 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.
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