2454. The policyholder is entitled to the policy dividends and other benefits conferred on him by the contract even if the beneficiary has been designated irrevocably.
Policy dividends and benefits shall be imputed by the insurer to any premium due, so as to keep the insurance in force.
In either case, the contract may provide otherwise.
1991, c. 64, a. 2454; I.N. 2014-05-01.