Section 27-16-1 - "Industrial life insurance" defined.

AL Code § 27-16-1 (2019) (N/A)
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For the purposes of this title, "industrial life insurance" is that form of life insurance written under policies of face amount to $2,500.00 or less bearing the words "industrial policy" imprinted on the face thereof as part of the descriptive matter and under which premiums are payable monthly or more often.