Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
Title 48. INSURANCE |
Chapter 48.23. Life insurance and annuities. |
Section 48.23.490. Statement required in contract without cash surrender or death benefits.
Latest version.
- Any contract which does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that such benefits are not provided.