33-20-510. Statement of noninclusion of certain death benefits. 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.
History: En. Sec. 17, Ch. 346, L. 1979.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Part 5. Standard Nonforfeiture Law Individual Deferred Annuities
33-20-503. Nonforfeiture provisions
33-20-505. Minimum nonforfeiture amounts
33-20-506. Present value to equal minimum nonforfeiture amount
33-20-507. Cash surrender benefits
33-20-508. Paid-up annuity benefits
33-20-510. Statement of noninclusion of certain death benefits
33-20-512. Calculation of benefits -- special benefits excluded