# D.C. Code § 31-4706: Extension of time for payment of premiums

> District of Columbia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4706

## Section

- **Citation:** D.C. Code § 31-4706
- **Heading:** Extension of time for payment of premiums
- **Jurisdiction:** District of Columbia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** DC Code / Title 31 / Chapter 47 / § 31-4706

## Text

A life company may enter into subsequent agreements in writing with the insured, which need not be attached to the policy, to extend the time for the payment of any premium, or part thereof, upon condition that failure to comply with the terms of such agreement shall lapse the policy, as provided in said agreement or in the policy. Subject to such lien as may be created to secure any indebtedness contracted by the insured, in consideration of such extension, said agreement shall not impair any right existing under the policy.

## Nearby sections

- [D.C. Code § 31-4701 § 31-4701. Valuation of reserves by Commissioner.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4701.md)
- [D.C. Code § 31-4702 § 31-4702. Companies issuing both participating and nonparticipating policies.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4702.md)
- [D.C. Code § 31-4703 § 31-4703. Life policies — Required provisions.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4703.md)
- [D.C. Code § 31-4704 § 31-4704. Life policies — Prohibited provisions.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4704.md)
- [D.C. Code § 31-4705 § 31-4705. Annuity and pure endowment contracts; forms to be filed and approved; required provisions; applications, riders and endorsements.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4705.md)
- [D.C. Code § 31-4705.01 § 31-4705.01. Nonforfeiture benefits and cash surrender values.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4705.01.md)
- [D.C. Code § 31-4705.02 § 31-4705.02. Standard nonforfeiture law — In general.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4705.02.md)
- [D.C. Code § 31-4705.03 § 31-4705.03. Standard nonforfeiture law — Individual deferred annuities.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4705.03.md)
- [D.C. Code § 31-4705.04 § 31-4705.04. Loan provisions in policies.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4705.04.md)
- [D.C. Code § 31-4706 § 31-4706. Extension of time for payment of premiums.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4706.md)
- [D.C. Code § 31-4707 § 31-4707. Ascertainment of loan indebtedness.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4707.md)
- [D.C. Code § 31-4708 § 31-4708. Filing and approval of life policy forms.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4708.md)
- [D.C. Code § 31-4709 § 31-4709. Policy provisions required by foreign government entities.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4709.md)
- [D.C. Code § 31-4710 § 31-4710. Group policies — General requirements.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4710.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C47_S31-4706. Check the current official text before relying on it. Not legal advice.