SECTION 365:10-5-107. Waiver of premiums

Latest version.

The insurer may offer a waiver of premium for the accelerated benefit provision in the absence of a regular waiver of premium provision being in effect. At the time the benefit is claimed, the insurer shall explain any continuing premium requirement to keep the policy in force.

[Source: Added at 9 Ok Reg 2493, eff 6-26-92]

                    
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