GroundRules
N.C. Gen. Stat. § 58-58-147: Surrender fees on death benefits.
Where this section sits in the code
- Chapter 58. Insurance.
- Article 58. Life Insurance and Viatical Settlements.
- Part 4. Miscellaneous Provisions.
No authorized insurer shall deliver or issue for delivery in this State any deferred annuity contract that contains a provision that reduces the death benefit of the contract by a surrender fee when death occurs during the surrender period. (2007-298, s. 1.2.)
Collected 2026-08-27T18:06:53Z. Source file · JSON