Alabama Code (Last Updated: November 28, 2014) |
Title27 INSURANCE. |
Chapter15. LIFE INSURANCE AND ANNUITY CONTRACTS. |
Article1. General Provisions. |
§27-15-9. Life insurance policy provisions - Table of values and benefits.
Latest version.
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In policies issued on and after the operative date of Section 27-15-28, there shall be a table showing in figures the loan value and the cash surrender values and nonforfeiture benefits in accordance with subdivision (b) (5) of Section 27-15-28, either during the first 20 policy years or during the term of the policy, whichever is shorter.