§ 27-19-23 — Optional Policy Provisions - Unpaid Premiums

Alabama § 27-19-23

• Jurisdiction: Alabama
• Title 27: Insurance
• Ch. 19: Disability Insurance Policies
• Art. 1: General Provisions

Text

There may be a provision as follows:
“Unpaid Premiums: Upon the payment of a claim under this policy, any premium then due and unpaid or covered by any note or written order may be deducted therefrom.”

Legislative History

(Acts 1953, No. 193, p. 247, §3; Acts 1957, No. 597, p. 834; Acts 1971, No. 407, p. 707, §444.)