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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

  Chapter 375back to chapter 375

  375.1500.  Sections 375.1500 to 375.1527 apply to life insurance policies, exceptions. — Sections 375.1500 to 375.1527 apply to all group and individual life insurance policies and certificates except:

  (1)  Variable life insurance;

  (2)  Individual and group annuity contracts;

  (3)  Credit life insurance;

  (4)  Policies written by a company with less than twenty-five million dollars in annual direct written life insurance premiums;

  (5)  Life insurance policies with no illustrated death benefits on any individual exceeding ten thousand dollars;

  (6)  Life insurance policies containing guaranteed elements exclusively; or

  (7)  Single premium policies.

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(L. 1998 S.B. 722 § 6)


< end of effective 28 Aug 1998 >

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