Wyo. Stat. § 26-16-204: Paid-up nonforfeiture benefits.
Where this section sits in the code
- TITLE 26 - INSURANCE CODE
- CHAPTER 16 - LIFE INSURANCE AND ANNUITY CONTRACTS
- ARTICLE 2 - STANDARD NONFORFEITURE LAW
Any paid-up nonforfeiture benefit available under the policy in case of default in a premium payment due on any policy anniversary shall be such that its present value as of the anniversary shall be at least equal to the cash surrender value then provided by the policy or, if none is provided, that cash surrender value which would have been required by this article in the absence of the condition that premiums be paid for at least a specified period.
Collected 2026-09-04T00:16:32Z. Source file · JSON