Section 27-15-12 - Life insurance policy provisions - Payment of premiums; increases.

AL Code § 27-15-12 (2019) (N/A)
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(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.