WVC 33 - 13 - 28
§33-13-28. Indebtedness deducted from proceeds.
In determining the amount due under any life insurance
policy heretofore or hereafter issued, deduction may be made of:
(a) Any unpaid premiums or installments thereof for the
current policy year due under the terms of the policy, and of
(b) The amount of principal and accrued interest of any
policy loan or other indebtedness against the policy then
Note: WV Code updated with legislation passed through the 2016 Regular Session
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