Massachusetts § 187G Lapse of certain life insurance policies during strike of agents; reinstatement

Massachusetts Statutes

§ 187G — Lapse of certain life insurance policies during strike of agents; reinstatement

Massachusetts § 187G

Part IADMINISTRATION OF THE GOVERNMENT

Title XXIICORPORATIONS

Ch. 175INSURANCE

This text of Massachusetts § 187G (Lapse of certain life insurance policies during strike of agents; reinstatement) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mass. Gen. Laws ch. 175, § 187G (2026).

Text

Section 187G. Any life insurance policy having nonforfeiture values, which is ineligible for an automatic premium loan or does not have an authorization for an automatic premium loan, that is now or hereafter in force and for which policy premiums are normally collected by insurance agents employed by the insurer, which lapses during the time such insurance agents are on an authorized strike, shall be entitled to reinstatement without evidence of insurability within thirty-one days of the authorized termination of the strike, and the provisions of such policy shall also provide for the manner of repayment of premiums due by such insured plus interest, if any.

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Section 187G. Any life insurance policy having nonforfeiture values, which is ineligible for an automatic premium loan or does not have an authorization for an automatic premium loan, that is now or hereafter in force and for which policy premiums are normally collected by insurance agents employed by the insurer, which lapses during the time such insurance agents are on an authorized strike, shall be entitled to reinstatement without evidence of insurability within thirty-one days of the authorized termination of the strike, and the provisions of such policy shall also provide for the manner of repayment of premiums due by such insured plus interest, if any.