Statutes, codes, and regulations
Kentucky Revised Statutes
Title 25 - BUSINESS AND FINANCIAL INSTITUTIONSChapter 304 - INSURANCE CODESubtitle 304.15 - LIFE INSURANCE AND ANNUITY CONTRACTS
STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE
Section 304.15-322 - Notification of insured of cash surrender value

Ky. Rev. Stat. § 304.15-322

Download
PDF
Current through 2024 Ky. Acts ch. 225
Section 304.15-322 - Notification of insured of cash surrender value

Within three (3) months after default of any premium payment on any life insurance policy which has a cash surrender value, the insurer shall notify the insured in writing of the cash surrender value and of the insured's options as to the application of the cash surrender value as provided in the policy.

KRS 304.15-322

Effective:7/15/1980
Created 1980 Ky. Acts ch. 32, sec. 1, effective7/15/1980.