Alabama § 27-16-16 - Policy Provisions - Conversion to Life Insurance with Less Frequent Premium Payments.
Full text of Alabama Code of Alabama § 27-16-16 — Policy Provisions - Conversion to Life Insurance with Less Frequent Premium Payments., with citation guidance and answers to common questions.
§ 27-16-16. Policy Provisions - Conversion to Life Insurance with Less Frequent Premium Payments.
There may be a provision in the case of industrial policies granting to the insured, upon proper written request and upon presentation of evidence of insurability satisfactory to the insurer, the privilege of converting any industrial insurance policy to any form of life insurance with less frequent premium payments regularly issued by the insurer, in accordance with terms and conditions agreed upon with the insurer. The privilege of making such conversion need be granted only if the insurer’s industrial policies on the life insured, in force as premium-paying insurance and on which conversion is requested, grant benefits in event of death, exclusive of additional accidental death benefits and exclusive of any dividend additions, in an amount not less than the minimum amount of such insurance, with less frequent premium payments issued by the insurer at the age of the insured on the plan of industrial or ordinary insurance desired.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 27-16-16
What does Code of Alabama § 27-16-16 cover?
Section 27-16-16 ("Policy Provisions - Conversion to Life Insurance with Less Frequent Premium Payments.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 27-16-16?
A common citation format is "Code of Alabama § 27-16-16" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 27-16-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.