Chapter 27-4.3. Standard Nonforfeiture Law for Life Insurance
Section
27-4.3-1Short title.27-4.3-1.1Definitions.27-4.3-2Nonforfeiture benefits.27-4.3-3Computation of cash surrender value.27-4.3-4Computation of paid-up nonforfeiture benefits.27-4.3-5Calculations of adjusted premiums by the nonforfeiture net level premium method.27-4.3-6Nonforfeiture benefits for indeterminate premium plans.27-4.3-7Proration of values — Net value of paid-up additions.27-4.3-8Consistency of progression of cash surrender values with increasing policy duration.27-4.3-9Exceptions.27-4.3-10Severability.27-4.3-11Rules and regulations.