Code of Alabama
Chapter 15 - Life Insurance and Annuity Contracts.
Article 3 - Standard Nonforfeiture Law for Life Insurance.

Section 27-15-70 - Short Title. - This article shall be known as the Standard Nonforfeiture Law...

Section 27-15-71 - Definitions. - For the purposes of this article, the following terms shall...

Section 27-15-72 - Nonforfeiture Benefits. - (a) In the case of policies issued on or after...

Section 27-15-73 - Computation of Cash Surrender Value. - (a) Any cash surrender value available under the policy in...

Section 27-15-74 - Computation of Paid-Up Nonforfeiture Benefits. - Any paid-up nonforfeiture benefit available under the policy in the...

Section 27-15-75 - Calculation of Adjusted Premiums. - (a)(1) This section shall not apply to policies issued on...

Section 27-15-76 - Calculation of Adjusted Premiums - Ordinary Policies. - (a) This section shall not apply to ordinary policies issued...

Section 27-15-77 - Calculation of Adjusted Premiums - Industrial Policies. - (a) This section shall not apply to industrial policies to...

Section 27-15-78 - Calculations of Adjusted Premiums by the Nonforfeiture Net Level Premium Method. - (a) This section shall apply to all policies issued on...

Section 27-15-79 - Nonforfeiture Benefits for Indeterminate Premium Plans. - In the case of any plan of life insurance which...

Section 27-15-80 - Proration of Values; Net Value of Paid-Up Additions. - Any cash surrender value and any paid-up nonforfeiture benefit available...

Section 27-15-81 - Consistency of Progression of Cash Surrender Values With Increasing Policy Duration. - (a) This section, in addition to all other applicable sections...

Section 27-15-82 - Exceptions. - This article shall not apply to any of the following:...

Section 27-15-83 - Applicability of Article. - For purposes of determining the applicability of this article, the...