Wyoming § 26-16-121 Failure to pay premiums; notification

Wyoming Statutes

§ 26-16-121 — Failure to pay premiums; notification

Wyoming § 26-16-121

Title 26Insurance Code

Ch. 16LIFE INSURANCE AND ANNUITY CONTRACTS

This text of Wyoming § 26-16-121 (Failure to pay premiums; notification) 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. § 26-16-121 (2026).

Text

When an employer or trustee of a fund established or adopted by
an employer, which employer or trustee is deemed the
policyholder of the life insurance policy insuring the
employer's employees for the benefit of persons other than the
employer and where the employer or trustee routinely pays any
part of the premium for the policy, if the employer or trustee
fails to pay the routinely paid portion of the premium when
required under the policy for any reason, the employer or
trustee shall notify the employee or beneficiary, electronically
or in writing, within thirty (30) days of the failure to pay.
ARTICLE 2
STANDARD NONFORFEITURE LAW

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When an employer or trustee of a fund established or adopted by
an employer, which employer or trustee is deemed the
policyholder of the life insurance policy insuring the
employer's employees for the benefit of persons other than the
employer and where the employer or trustee routinely pays any
part of the premium for the policy, if the employer or trustee
fails to pay the routinely paid portion of the premium when
required under the policy for any reason, the employer or
trustee shall notify the employee or beneficiary, electronically
or in writing, within thirty (30) days of the failure to pay.
ARTICLE 2
STANDARD NONFORFEITURE LAW