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KRS 304.15-322

Notification of insured of cash surrender value

Effective: July 15, 1980 History: Created 1980 Ky

Within three (3) months after default of any premium payment on any life insurance policy which has a cash surrender value, the insurer shall notify the insured in writing of the cash surrender value and of the insured's options as to the application of the cash surrender value as provided in the policy.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.