LIFE INSURANCE AND ANNUITIES
58-15-1 Application of chapter.
58-15-2 "Industrial life insurance" defined.
58-15-3 Investment of trust funds in life insurance and annuities.
58-15-4 Standard provisions required in policy of life insurance, exceptions.
58-15-5 Standard provisions inapplicable to annuity contract or health or accident benefits.
58-15-6 Standard provisions inapplicable to single premium or term policies.
58-15-7 Description of policy in title.
58-15-8 Entire contract contained in policy and application--Statement of applicant not deemed a warranty.
58-15-8.1 Notice of right of cancellation after receipt of policy--"Free look" provision.
58-15-8.2 Issuance of policies by insurance company or fraternal benefit society--Delivery receipts--Certificates of mailing--Term of retention.
58-15-9 Effect of misstatement in policy regarding age.
58-15-10 Incontestability provision required--Exceptions.
58-15-11 Exclusions and restrictions unaffected by incontestability clause.
58-15-12 Payment of premiums provision.
58-15-13 Grace period in policy.
58-15-14 Automatic premium loan--Provision optional with insurer.
58-15-15 Insurance policy loan--Security--Maximum amount--Private placement policies.
58-15-15.1, 58-15-15.2. Repealed.
58-15-15.4 Insurance policy loan--Definition of terms.
58-15-15.5 "Published monthly average" defined.
58-15-15.6 Insurance policy loan--Permitted interest rates.
58-15-15.7 Insurance policy loan--Allowable rate under adjustable maximum interest rate.
58-15-15.8 Insurance policy loan--Determination of interest under adjustable maximum interest rate.
58-15-15.9 Insurance policy loan--Notice of interest rate to policyholder.
58-15-15.10 Insurance policy loan--Loan value of policy.
58-15-15.11 Insurance policy loan--Provisions of statutes required in policies.
58-15-15.12 Insurance policy loan--Application of statutes on interest rates to prior contracts.
58-15-15.13 Private placement policy defined.
58-15-15.14 Premium defined.
58-15-16 Loans on policies issued prior to the adoption of standard policy provisions--Loan value--Deferment of application--Private placement policies.
58-15-17 Loans on policies under standard policy provisions--Loan value--Deferment of application--Private placement policies.
58-15-18 Loan value of policy--Indebtedness deducted.
58-15-19 Delinquent interest on policy loan exceeding amount of loan value--Termination of policy, notice.
58-15-20 Policy loan provisions inapplicable to term insurance or industrial life insurance policies.
58-15-21 Nonforfeiture of benefits--Cash surrender value--Provisions required in policies.
58-15-22 Reinstatement provisions required in policy.
58-15-23 Participating policies--Annual dividends, ascertainment, and apportionment.
58-15-24 Participating policies--Rights of policyholder to dividends.
58-15-25 Participating industrial life insurance policies--Annual participation of policy in divisible surplus.
58-15-26 Payment of claims for benefits--Private placement policies.
58-15-26.1 Insurers to pay interest on life insurance proceeds.
58-15-26.2 Computation of interest.
58-15-26.3 Interest not required where beneficiary elects to receive other than lump sum payment.
58-15-26.4 Notice to beneficiary of interest.
58-15-26.5 Application limited.
58-15-27 Beneficiary to be designated in industrial life policy--Change of beneficiary--Endorsement on policy.
58-15-28 Industrial life policy--Payment of benefits.
58-15-29 Installment payments--Table of guaranteed installments required.
58-15-30 Nonforfeiture benefits in policies issued prior to the adoption of standard nonforfeiture law.
58-15-31 Nonforfeiture benefits in policies issued under standard nonforfeiture law.
58-15-32 Nonforfeiture benefit provisions which may be omitted--Deferred payment of cash surrender value--Private placement policies.
58-15-33 Cash surrender value--Amount available under policy on default of premium--Paid-up policy.
58-15-34 Paid-up nonforfeiture benefits--Default in payment of premium.
58-15-35 Adjustment of premiums under nonforfeiture provisions.
58-15-36 Amount of insurance varying with duration of policy--Adjustment of premiums.
58-15-37 Adjusted premiums--Term insurance benefits provided by rider or supplemental policy.
58-15-38 Adjusted premiums and present values--Computation.
58-15-39 Default in payment of premium--Computation of cash surrender value and paid-up nonforfeiture benefit.
58-15-40 Additional accident benefits--Premiums disregarded in ascertaining cash surrender value.
58-15-41 Nonforfeiture benefit provision inapplicable to reinsurance, group insurance, annuity contracts, or term insurance.
58-15-42 Notice by company of election to comply with nonforfeiture benefit provisions--Filing with director.
58-15-43 Citation of standard nonforfeiture law for life insurance.
58-15-43.1 Adjusted premiums--Calculation on annual basis.
58-15-43.2 "Nonforfeiture net level premium" defined.
58-15-43.3 Initial calculation of changes in benefits or premiums--Recalculation after change.
58-15-43.4 Recalculated future adjusted premiums.
58-15-43.5 Additional expense allowance.
58-15-43.6 Recalculated nonforfeiture net level premium.
Substandard policy--Calculation of adjusted premiums and present value. 58-15-43.8
Adjusted premiums and present values--Calculation--Applicable procedures and tables. 58-15-43.9
Nonforfeiture interest rate. 58-15-43.10
Refiling of nonforfeiture values or methods of computation. 58-15-43.11
Notice of election to comply with revised nonforfeiture. 58-15-43.12
Insurance plans to conform to minimum standards of nonforfeiture laws. 58-15-43.13
Default in payment of premium--Amount of cash surrender value--Amount of nonforfeiture factor--Policies issued after January 1, 1986. 58-15-44
Dating back of application for insurance to reduce premium prohibited--Contract not invalidated. 58-15-45
Excluding or restricting coverage in case of death--Permissible exclusions. 58-15-46
Excluding or restricting coverage in case of death--Return of premiums, adjustment for indebtedness and dividend credits. 58-15-47
Prohibited policy provisions--Person soliciting insurance or annuity insurance producer of insured. 58-15-48
Prohibited policy provisions--Construction of contract according to laws of other state or country. 58-15-49
Prohibited policy provisions--Rights and obligations of insured under contract governed by law of other state. 58-15-50
Prohibited policy provisions--Depriving courts of jurisdiction of action against insurer. 58-15-51
Limitation of action on policy--Minimum time. 58-15-52
Prohibited policy provisions inapplicable to group life insurance, health insurance, reinsurance, annuities, and accident benefits under life insurance policy. 58-15-53
Use of prohibited policy provision which is more favorable to insured. 58-15-54
Prohibited policy provisions in industrial life insurance--Denial of liability because of other insurance. 58-15-55
Prohibited policy provisions in industrial life insurance--Right to declare policy void because of disease or ailment of insured. 58-15-56
Prohibited policy provisions in industrial life insurance--Right to declare policy void because insured rejected for insurance. 58-15-57
Annuity and endowment contracts--Standard provisions required, exceptions. 58-15-58
Standard provisions of annuity and endowment contracts inapplicable to deferred annuities under life insurance policies. 58-15-59
Annuities and endowments--Entire agreement contained in contract and application. 58-15-59.1
Right of annuitant or purchaser to cancel after receipt of contract--Effect of cancellation. 58-15-59.2
Issuance of policies by insurance company or fraternal benefit society--Delivery receipts--Certificates of mailing--Term of retention. 58-15-60
Effect of misstatement of age or sex in annuity or endowment contract. 58-15-61
Incontestability provision in annuity or endowment contract. 58-15-62
Grace period in annuity or endowment contract. 58-15-63
Participating annuity or endowment contract--Ascertainment and apportionment of divisible surplus. 58-15-64
Reinstatement provision required in annuity or endowment contract. 58-15-65
Reversionary annuity contract--Standard provisions.
Reinstatement provision required in reversionary annuity contract. 58-15-67
Reversionary annuity contract provisions inapplicable to group annuities or to annuities included in life insurance policies. 58-15-68
Incontestability provisions after reinstatement of life insurance policy or annuity contract. 58-15-69
Reinstated life insurance policy or annuity contract--Limitation of liability. 58-15-70
Policy settlements by life insurer. 58-15-71
Life insurance policy--Restrictions on issuing and delivering. 58-15-72
to 58-15-81. Repealed. 58-15-82
Uniform life insurance and annuity request forms--Director to adopt by rule--Insurers to accept. 58-15-83
Plans excluded from application of §§ 58-15-83 to 58-15-93, inclusive. 58-15-84
Provisions required in annuity contracts. 58-15-85
Minimum values based on minimum nonforfeiture amounts--Minimum nonforfeiture amounts defined. 58-15-86
Present value of paid-up annuity benefit--Computation. 58-15-87
Cash surrender benefits--Calculation of minimum--Death benefit. 58-15-88
Contracts without cash surrender benefits--Contracts not providing death benefits prior to commencement of payments--Present value calculations. 58-15-89
Election to have payments commence at optional maturity date--Maturity date used for calculation of benefits. 58-15-90
Contracts without cash surrender benefits or death benefits at least equal to minimum nonforfeiture amount--Statement in contract. 58-15-91
Lapse of time and payments beyond cessation year allowed for calculations. 58-15-92
Annuity and life insurance benefits in excess of greater of cash surrender benefits or return of gross considerations with interest--Minimum nonforfeiture benefits--Additional benefits. 58-15-93
Election to apply provisions of §§ 58-15-83 to 58-15-93 to annuity contracts--Application of provisions after second anniversary.