Wyoming § 26-16-110 Reinstatement of policies

Wyoming Statutes

§ 26-16-110 — Reinstatement of policies

Wyoming § 26-16-110

Title 26Insurance Code

Ch. 16LIFE INSURANCE AND ANNUITY CONTRACTS

This text of Wyoming § 26-16-110 (Reinstatement of policies) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 26-16-110 (2026).

Text

(a)Unless the policy has been surrendered for its cash surrender value, or its cash surrender value has been exhausted, or the paid-up term insurance, if any, has expired, the policy will be reinstated at any time within three (3) years, or two

(2)years in the case of industrial life insurance policies, from the date of premium default upon:

(i)Written application therefor;

(ii)The production of evidence of insurability satisfactory to the insurer;

(iii)The payment of all premiums in arrears;

(iv)The payment or reinstatement of any other indebtedness to the insurer upon the policy; and

(v)The payment of interest at a rate not exceeding six percent (6%) per annum compounded annually on all payments required for reinstatement.

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(a) Unless the policy has been surrendered for its cash
surrender value, or its cash surrender value has been exhausted,
or the paid-up term insurance, if any, has expired, the policy
will be reinstated at any time within three (3) years, or two
(2) years in the case of industrial life insurance policies,
from the date of premium default upon:
(i) Written application therefor;
(ii) The production of evidence of insurability
satisfactory to the insurer;
(iii) The payment of all premiums in arrears;
(iv) The payment or reinstatement of any other
indebtedness to the insurer upon the policy; and
(v) The payment of interest at a rate not exceeding
six percent (6%) per annum compounded annually on all payments
required for reinstatement.