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  8. Chapter 409 - Standard Nonforfeiture Law for Li...


Chapter 409 - Standard Nonforfeiture Law for Life Insurance


  • Section 409:1 - Short Title.
  • Section 409:1-a - Definition.
  • Section 409:2 - Nonforfeiture Provisions Required.
  • Section 409:3 - Minimum Cash Surrender Values.
  • Section 409:4 - Minimum Nonforfeiture Benefits.
  • Section 409:5 - Adjusted Premiums.
  • Section 409:5-a - Adjusted Premiums After Certain Dates.
  • Section 409:5-b - Adjusted Premium After Later Dates.
  • Section 409:5-c - Commissioner's Authority to Approve Certain Plans.
  • Section 409:6 - Method of Calculating Cash Surrender Values and Nonforfeiture Benefits.
  • Section 409:6-a - Additional Standards.
  • Section 409:7 - Chapter Not Applicable to Certain Contracts.
  • Section 409:8 - Operative Date Defined.
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