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2025 Virgin Islands Code
Title 22 - Insurance
Chapter 39 - Life Insurance and Annuities
§ 960. Nonforfeiture options
Universal Citation:
V.I. Code tit. 22, § 960 (2025)
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There shall be a provision specifying the option to which the policyholder is automatically entitled in the absence of the election of other nonforfeiture options upon default in premium payment after nonforfeiture values become available.
History
—Added Mar. 29, 1968, No. 2126, § 1, Sess. L. 1968, Pt. I, p. 52.
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