Any contract which does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that such benefits are not provided.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 81 - Life Insurance Policies And Annuities
Subchapter 3 - Standard Nonforfeiture Law For Individual Deferred Annuities
§ 23-81-303. Nonforfeiture requirements
§ 23-81-305. Computation of present value
§ 23-81-306. Calculation of cash surrender values
§ 23-81-307. Calculation of paid-up annuity benefits
§ 23-81-309. Disclosure of limited death benefits
§ 23-81-310. Inclusion of lapse-of-time considerations