Section 27-15-12 - Life insurance policy provisions - Payment of premiums; increases(a) There shall be a provision relative to the payment of premiums.(b) A premium may not be increased unless the policy or a document delivered with the policy contains a provision in writing placing the consumer on notice that the premium may be increased; provided that nothing contained in this subsection shall be interpreted to require the continuation of coverage that is not otherwise guaranteed under the terms of the policy.Ala. Code § 27-15-12 (1975)
Acts 1971, No. 407, p. 707, §357; Act 2006-614, p. 1683, §1.