Article

Standard Nonforfeiture Law for Life Insurance

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