§ 27-4.4-9. Disclosure of limited death benefits.
Any contract that 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 those benefits are not provided.
History of Section.P.L. 1993, ch. 180, § 1.
Structure Rhode Island General Laws
Chapter 27-4.4 - The Standard Nonforfeiture Law for Individual Deferred Annuities
Section 27-4.4-1. - Short title.
Section 27-4.4-2. - Applicability.
Section 27-4.4-3. - Nonforfeiture requirements.
Section 27-4.4-4. - Minimum values.
Section 27-4.4-5. - Computation of present value.
Section 27-4.4-6. - Calculation of cash surrender value.
Section 27-4.4-7. - Calculation of paid-up annuity benefits.
Section 27-4.4-8. - Maturity date.
Section 27-4.4-9. - Disclosure of limited death benefits.
Section 27-4.4-10. - Inclusion of lapse of time considerations.
Section 27-4.4-11. - Proration of values — Additional benefits.