20-1205. Application and policy as entire
contract; statements in application as representations;
information


A. There shall be a provision that the policy, or the policy and the application
therefor if a copy of the application is endorsed upon or attached to the policy when
issued, shall constitute the entire contract between the parties, and that all statements
contained in the application shall, in the absence of fraud, be deemed representations
and not warranties.


B. On written request of an applicant or annuity holder, an insurer shall provide
within a reasonable time reasonable factual information regarding the benefits and
provisions of his annuity contract.