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" ... default for a specified cash value at least equal to the sum which would otherwise be available for the purchase of insurance as aforesaid and may stipulate that the company may defer payment for not more than six (6) months after the application... "
Policy Clauses, Conditions and State Laws - Side 123
av Spectator Company (New York, N.Y.) - 1909
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Laws Relating to Insurance

Michigan - 1909
...surrendered to the company at its home office within one month from date of default for a specified cash value at least equal to the sum which would otherwise...the company may defer payment for not more than six months after the application therefor is made. This provision shall not be required in term insurances...
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Laws Passed by the ... Legislature of the State of Texas

Texas - 1909
...from date of default for a specified cash value at least equal to the sum which would otherwise he available for the purchase of insurance, as aforesaid,...the company may defer payment for not more than six months after the application therefor is made. This provision shall not be required in term insurances....
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Hayden's Annual Cyclopedia of Insurance in the United States

1909
...policy may be surrendered to the company within one month from the date of "default" for a specified cash value at least equal to the sum which would otherwise be available for the purpose of the insurance, and may stipulate that the company may defer payments for not more than six...
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Laws enacted in the general assembly of the commonwealth

1911
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A Treatise on the Law Relating to Private Corporations in Pennsylvania, Volum 1

Frank Marshall Eastman - 1911 - 1683 sider
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Flitcraft Life Insurance Manual, Volum 24

1911
...after all premiums required hereon have been paid, the Company will pay for the surrender hereof a cash value at least equal to the sum which would otherwise be applicable to the purchase of the extended or paid-up insurance above provided, the amount of which...
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Laws of the State of New Mexico

New Mexico - 1925
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

Nebraska - 1913
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Flitcraft Life Insurance Manual, Volum 26

1913
...default The Cash Value shall be the sum indicated in the Table of Loans and Surrender Values and shall be at least equal to the sum which would otherwise be available for the purchase of Extended Term Insurance. At the option of the Company, payment of the Gas™ Value may be deferred...
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The Unique manual of facts and figures, of the regular life ins. companies ...

1913
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