CHAPTER 20. LIFE INSURANCE
- Part 1. Policy Provisions
- 33-20-101. Scope.
- 33-20-102. Industrial life insurance defined.
- 33-20-103. Standard provisions required -- exceptions.
- 33-20-104. Grace period.
- 33-20-105. Incontestability.
- 33-20-106. Entire contract.
- 33-20-107. Misstatement of age.
- 33-20-108. Dividends.
- 33-20-109. Renumbered .
- 33-20-110. Table of values.
- 33-20-111. Table of installments.
- 33-20-112. Reinstatement.
- 33-20-113. Payment of premiums.
- 33-20-114. Payment of claims -- interest.
- 33-20-115. Beneficiary -- industrial policies.
- 33-20-116. Title.
- 33-20-117. Nonforfeiture rights -- policies issued before operative date.
- 33-20-118. Contestability -- excluded or restricted coverage.
- 33-20-119. Incontestability -- limitation on liability after reinstatement of life insurance or annuity.
- 33-20-120. Policy settlements -- holding proceeds -- indebtedness deducted from proceeds.
- 33-20-121. Prohibited provisions -- limitations on liability.
- 33-20-122. Prohibited provisions -- industrial life insurance.
- 33-20-123. Prohibited policy plans -- life insurance policies or annuity contracts.
- 33-20-124. Policy provisions -- conformity with state statutes.
- 33-20-125. and reserved.
- 33-20-127. Life insurance policy with long-term care provision or accelerated benefits provision -- summary required.
- 33-20-128. Life insurance policy paying long-term benefits -- monthly report.
- 33-20-129. and reserved.
- 33-20-131. Policy loan or certificate loan.
- 33-20-132. Variable policy loan interest rates -- purpose.
- 33-20-133. Variable interest rates -- exclusions from application.
- 33-20-134. Variable interest rates -- published monthly average defined.
- 33-20-135. Variable interest rates on policy loans.
- 33-20-136. Variable interest rates -- applicability to policies issued before October 1985.
- 33-20-137. through reserved.
- 33-20-141. Notice required for cancellation.
- 33-20-142. Contents of notice -- proof -- limitation on recovery -- exemptions.
- 33-20-143. through reserved.
- 33-20-150. Life insurance policy and sales illustrations -- annuity disclosure -- rules.
- 33-20-151. Repealed.
- Part 10. General Requirements for Group Life
- Part 11. Groups and Group Requirements
- 33-20-1101. Employee groups.
- 33-20-1102. Labor union groups.
- 33-20-1103. Employer and labor union combinations -- trustee groups.
- 33-20-1104. Public employee groups.
- 33-20-1105. Debtor groups.
- 33-20-1106. Credit union groups.
- 33-20-1107. through reserved.
- 33-20-1111. Dependents of employee and labor union groups -- coverage.
- Part 12. Group Contract Provisions
- 33-20-1201. Provisions required in group contracts.
- 33-20-1202. Grace period.
- 33-20-1203. Incontestability.
- 33-20-1204. Application -- statements considered representations.
- 33-20-1205. Insurability.
- 33-20-1206. Misstatement of age.
- 33-20-1207. Payment of benefits.
- 33-20-1208. Certificate.
- 33-20-1209. Conversion on termination of eligibility.
- 33-20-1210. Conversion on termination of policy or certificate.
- 33-20-1211. Death pending conversion.
- 33-20-1212. Notice as to conversion right.
- 33-20-1213. Policy and certificate provisions -- conformity with state statutes.
- Part 13. Viatical Settlements
- 33-20-1301. Short title.
- 33-20-1302. Definitions.
- 33-20-1303. License requirements.
- 33-20-1304. Issuance of license.
- 33-20-1305. Expiration of license.
- 33-20-1306. Notification by licensee of material change affecting qualification for license.
- 33-20-1307. Suspension -- revocation -- refusal to issue or renew license.
- 33-20-1308. Terms of contract.
- 33-20-1309. Annual report by provider.
- 33-20-1310. Examination of business and practices of licensee or applicant -- maintenance of business records.
- 33-20-1311. Disclosure of information to policyholder.
- 33-20-1312. Conditions precedent to entering into viatical settlement contract.
- 33-20-1313. Requirements for entering into viatical settlement contract -- prohibitions on finder's fee -- solicitations -- discrimination -- false or misleading advertising or solicitation -- mis
- 33-20-1314. Payment to escrow or trust account -- lump-sum payment.
- 33-20-1315. Rules -- standards -- bond.
- 33-20-1316. Service of process.
- 33-20-1317. Disclosure of information to viatical settlement purchasers.
- 33-20-1318. Conflict of laws.
- Part 14. Structured Settlement Protection
- 33-20-1401. Short title.
- 33-20-1402. Definitions.
- 33-20-1403. Disclosure to payee.
- 33-20-1404. Transfer of structured settlement payment right -- conditions.
- 33-20-1405. Obligations after transfer.
- 33-20-1406. Additional transfers.
- 33-20-1407. Jurisdiction -- notice.
- 33-20-1408. Waiver not allowed.
- 33-20-1409. Disputes -- entry of judgment.
- 33-20-1410. Contingent payment conditions.
- 33-20-1411. Responsibility for compliance -- liability.
- 33-20-1412. Construction.
- Part 15. Funeral Insurance
- Part 2. Standard Nonforfeiture Law Life Insurance
- 33-20-201. Short title.
- 33-20-202. Nonforfeiture provisions.
- 33-20-203. Cash surrender value -- paid-up nonforfeiture benefit -- life.
- 33-20-204. Adjusted premium.
- 33-20-205. Calculation -- mortality table -- rates of interest.
- 33-20-206. Mortality tables -- policies issued after operative date.
- 33-20-207. Industrial policies -- mortality tables.
- 33-20-208. Mortality tables -- interest rate adjusted premiums.
- 33-20-209. Determination of nonforfeiture values for special plans.
- 33-20-210. Additional rules for calculating cash surrender values.
- 33-20-211. Calculation of values -- other requisites.
- 33-20-212. Exceptions.
- 33-20-213. Operative date.
- Part 3. Annuity Contract Provisions
- Part 4. Reversionary Annuity Contract Provisions
- Part 5. Standard Nonforfeiture Law Individual Deferred Annuities
- 33-20-501. Short title.
- 33-20-502. Application.
- 33-20-503. Nonforfeiture provisions.
- 33-20-504. Exception.
- 33-20-505. Minimum nonforfeiture amounts.
- 33-20-506. Present value to equal minimum nonforfeiture amount.
- 33-20-507. Cash surrender benefits.
- 33-20-508. Paid-up annuity benefits.
- 33-20-509. Maturity date.
- 33-20-510. Statement of noninclusion of certain death benefits.
- 33-20-511. Adjusted benefit.
- 33-20-512. Calculation of benefits -- special benefits excluded.
- 33-20-513. Operative date.
- Part 6. Variable Contracts
- Part 7. Charitable Gift Annuities
- Part 8. Suitability in Annuity Transactions
- Part 9. Annuity Disclosure