# Chapter 32 Standard Nonforfeiture Provisions for Life Insurance

This chapter is comprised of the following sections:

- §38.2-3200 Nonforfeiture benefits and cash surrender values in life policies issued prior to operative date stated in § 38.2-3214
- §38.2-3201 Same; for industrial life policies
- §38.2-3202 Standard nonforfeiture law; required policy provisions
- §38.2-3203 Same; cash surrender value in case of default
- §38.2-3204 Same; present value of paid-up nonforfeiture benefits on default
- §38.2-3205 Same; calculation of adjusted premiums
- §38.2-3206 Same; tables used for calculations
- §38.2-3207 Same; use of new mortality table; ordinary policies
- §38.2-3208 Same; industrial policies
- §38.2-3209 Same; adjusted premiums for policies
- §38.2-3210 Same; life insurance providing future premium determination
- §38.2-3211 Same; other factors in calculations
- §38.2-3212 Same; policies issued on or after January 1, 1986
- §38.2-3213 Same; exemptions from application of certain sections
- §38.2-3214 Same; operative date
- §38.2-3215 Same; operative date for § 38.2-3207
- §38.2-3216 Same; operative date for § 38.2-3208
- §38.2-3217 Loan provisions in policies issued prior to operative date stated in § 38.2-3214
- §38.2-3218 Same; in policies subsequently issued
- §38.2-3219 Applicability
- §38.2-3220 Nonforfeiture requirements
- §38.2-3221 Minimum values
- §38.2-3222 Computation of present value
- §38.2-3223 Calculation of cash surrender values
- §38.2-3224 Calculation of paid-up annuity benefits
- §38.2-3225 Maturity date
- §38.2-3226 Disclosure of limited death benefits
- §38.2-3227 Inclusion of lapse of time considerations
- §38.2-3228 Proration of values; additional benefits
- §38.2-3229 Effective date