{"data":{"id":"us-ky/krs-304.15-240","jurisdiction":"us-ky","citation":"KRS 304.15-240","heading":"Reinstatement -- Annuities.","body":"In an annuity or pure endowment contract, other than a reversionary or group annuity,\nthere shall be a provision that the contract may be reinstated at any time within one (1)\nyear from the default in making stipulated payments to the insurer, unless the c ash\nsurrender value has been paid, but all overdue stipulated payments and any indebtedness\nto the insurer on the contract shall be paid or reinstated with interest thereon at a rate\nspecified in the contract, and in cases where applicable the insurer may also include a\nrequirement of evidence of insurability satisfactory to the insurer.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=17222","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:44Z","sha256":"066eff8f365a50bde69973780fa68f120ac8c889c95f76b2dfea9bd446afa477","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.15-230","next":"us-ky/krs-304.15-250"},"notice":"GroundRules: Original legal text. Not legal advice."}