Standard Nonforfeiture Law for Life Insurance | Midpage

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Vermont Statutes Annotated

3B

Standard Nonforfeiture Law for Life Insurance

3760Title 3761Definitions 3762Nonforfeiture benefits 3763Computation of cash surrender value 3764Computation of paid-up nonforfeiture benefits 3765Calculation of adjusted premiums 3766Calculation of adjusted premiums; ordinary policies 3767Calculation of adjusted premiums; industrial policies 3768Calculations of adjusted premiums by the nonforfeiture net level premium method 3769Nonforfeiture benefits for indeterminate premium plans 3770Proration of values; net value of paid-up additions 3771Consistency of progression of cash surrender values with increasing policy duration 3772Exceptions 3773Effective date; applicability