SEC. 83-7-113. Waiver of premium.
The accelerated benefit provision may or may not provide for the waiver of premium in the absence of a regular waiver of premium provision being in effect. At the time the benefit is claimed, the company shall explain any continuing premium requirement to keep the policy in force.
SOURCES: Laws, 1991, ch. 464, Sec. 7, eff from and after July 1, 1991.