RSA 409:6 Method of Calculating Cash Surrender Values and Nonforfeiture Benefits.

Any cash surrender value and any paid-up nonforfeiture benefit, available under the policy in the event of default in a premium payment due at any time other than on the policy anniversary shall be calculated with allowance for the lapse of time and the payment of fractional premiums beyond the last preceding policy anniversary. All values referred to in RSA 409:3, 409:4, 409:5, 409:5-a, and 409:5-b may be calculated upon the assumption that any death benefit is payable at the end of the policy year of death. The net value of any paid-up additions, other than paid-up term additions, shall be not less than the amounts used to provide such additions. Notwithstanding the provisions of RSA 409:3, additional benefits under the following circumstances shall be disregarded in ascertaining