{"data":{"id":"us-al/ala.-code-27-15-27","jurisdiction":"us-al","citation":"Ala. Code § 27-15-27","heading":"Deductions in Determining Amount Due Under Life Insurance.","body":"In determining the amount due under any life insurance policy heretofore or hereafter issued, deduction may be made of:\n(1) Any unpaid premiums or installments thereof for the current policy year due under the terms of the policy; and\n(2) The amount of principal and accrued interest of any policy loan or other indebtedness against the policy then remaining unpaid.","path":["Title 27 Insurance.","Chapter 15 Life Insurance and Annuity Contracts.","Article 1 General Provisions."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=27-15-27","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"a289bca86b2ffdf5b7460a6aafb5da336affeb278f335f72b09a74a82c309c19","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-27-15-26","next":"us-al/ala.-code-27-15-28"},"notice":"GroundRules: Original legal text. Not legal advice."}