New Hampshire Revised Statutes > Chapter 409 – Standard Nonforfeiture Law for Life Insurance


409:1	Short Title
409:1-a	Definition
409:2	Nonforfeiture Provisions Required
409:3	Minimum Cash Surrender Values
409:4	Minimum Nonforfeiture Benefits
409:5	Adjusted Premiums
409:5-a	Adjusted Premiums After Certain Dates
409:5-b	Adjusted Premium After Later Dates
409:5-c	Commissioner’s Authority to Approve Certain Plans
409:6	Method of Calculating Cash Surrender Values and Nonforfeiture Benefits
409:6-a	Additional Standards
409:7	Chapter Not Applicable to Certain Contracts
409:8	Operative Date Defined

Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
Contract: A legal written agreement that becomes binding when signed.
following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4