Premium Due Date
- ...this was done because (1) the concept of a "premium due date" was thought to be inapposite to flexible premium policies.
1983-1, NAIC proceedings
def. inapposite: out of place; inappropriate
- Legal Cases
- 2018, Elhouty v Lincoln Benefit, United States Court of Appeals, Ninth Circuit, Google Scholar
- 2010, Maloof v John Hancock, SUPREME COURT OF ALABAMA
- Johnson and Johnson vs Conseco
- 2013 0312 - ACLI - Amicus Brief - Johnston and Johnston v Conseco - 24-1/2 - 13-30010 - 54p
- 24-1 - (p11) - A. Because of the unique nature of flexible premium policies, they do not have traditional dates when premiums are “due,” making it difficult to calculate notice provisions keyed off when premiums are “due.”