No insurer shall deliver or issue for delivery in this state any policy providing benefits or values for surviving or continuing policyholders contingent upon the lapse or termination of the policies of other policyholders whether by death or otherwise.
KRS 304.17-360
Prohibited policy plans -- Provisions
Known as the Uniform Health Policy Provision Law
The act spans §§ 304.17-010 to 304.17-415 (61 sections).
Effective: June 18, 1970 History: Created 1970 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.