Iowa Code § 512B.16
Benefits
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2013
As of January 1, 2012
1. A society may provide any or all of the following contractual benefits in any form:
1. A society may provide any or all of the following contractual benefits in any form:
a. Death benefits.
a. Death benefits.
b. Endowment benefits.
b. Endowment benefits.
c. Annuity benefits.
c. Annuity benefits.
d. Temporary or permanent disability benefits.
d. Temporary or permanent disability benefits.
e. Hospital, medical, or nursing benefits.
e. Hospital, medical, or nursing benefits.
f. Monument or tombstone benefits to the memory of deceased members.
f. Monument or tombstone benefits to the memory of deceased members.
g. Other benefits authorized for life insurers and which are not inconsistent with this chapter.
g. Other benefits authorized for life insurers and which are not inconsistent with this chapter.
2. A society shall specify in its regulations those persons who may be issued, or covered by, the contractual benefits in subsection 1, consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.
2. A society shall specify in its regulations those persons who may be issued, or covered by, the contractual benefits in subsection 1, consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.
90 Acts, ch 1148, §17
90 Acts, ch 1148, §17
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.