{"data":{"id":"us-wy/wyo.-stat.-26-16-212","jurisdiction":"us-wy","citation":"Wyo. Stat. § 26-16-212","heading":"Applicability of article.","body":"(a) This article does not apply to any:\n(i) Reinsurance;\n(ii) Group insurance;\n(iii) Pure endowment;\n(iv) Annuity or reversionary annuity contract;\n(v) Term policy of uniform amount which provides no guaranteed nonforfeiture or endowment benefits, or renewal thereof, of twenty (20) years or less expiring before age seventy-one (71), for which uniform premiums are payable during the entire term of the policy;\n(vi) Term policy of decreasing amount which provides no guaranteed nonforfeiture or endowment benefits and on which each adjusted premium, calculated as specified in W.S. 26-16-205 through 26-16-209, is less than the adjusted premium so calculated, on a term policy of uniform amount, or renewal thereof, which provides no guaranteed nonforfeiture or endowment benefits, issued at the same age, for the same initial amount of insurance, and for a term of twenty (20) years or less expiring before age seventy-one (71), for which uniform premiums are payable during the entire term of the policy;\n(vii) Policy which provides no guaranteed nonforfeiture or endowment benefits and for which no cash surrender value or present value of paid-up nonforfeiture benefit at the beginning of the policy year and calculated as specified in W.S. 26-16-203(b) through 26-16-209, exceed two and one-half percent (2 1/2%) of the amount of insurance at the beginning of the policy year. For purposes of paragraph (vi) of this subsection and this paragraph, the age at expiration of a joint term life insurance policy is the age at expiration of the oldest life; or\n(viii) Policy which is delivered outside this state through an agent or other representative of the insurer issuing the policy.","path":["TITLE 26 - INSURANCE CODE","CHAPTER 16 - LIFE INSURANCE AND ANNUITY CONTRACTS","ARTICLE 2 - STANDARD NONFORFEITURE LAW"],"source_url":"https://wyoleg.gov/statutes/compress/title26.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"c175a5de4fbe364271c714790a97f4493afcc13de4f9a2057ec97c65712024a0","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-26-16-211","next":"us-wy/wyo.-stat.-26-16-301"},"notice":"GroundRules: Original legal text. Not legal advice."}