Subtitle
Subtitle 15. Life Insurance and Annuity Contracts
- KRS 304.15-010— Scope of Subtitle 15
- KRS 304.15-020— Definitions
- KRS 304.15-030— "Ordinary" and "industrial" insurance construed
- KRS 304.15-035— Securities Act of Kentucky not preempted by subtitle
- KRS 304.15-040— Standard provisions required
- KRS 304.15-045— Letter of acceptance and financing agreement to be part of college life insurance policy
- KRS 304.15-050— Payment of premiums -- Return of policy
- KRS 304.15-060— Grace period
- KRS 304.15-070— Entire contract
- KRS 304.15-075— Notice of policy owner's rights -- Contents -- Conditions requiring notice to be given -- Application to policies $100,000 or greater permitted
- KRS 304.15-080— Incontestability
- KRS 304.15-090— Misstatement of age or sex
- KRS 304.15-100— Dividends
- KRS 304.15-110— Policy loans
- KRS 304.15-115— Life insurance policy loan interest rates
- KRS 304.15-120— Table of installments
- KRS 304.15-130— Reinstatement
- KRS 304.15-140— Repealed, 1994
- KRS 304.15-150— Beneficiary, industrial policies
- KRS 304.15-160— Title
- KRS 304.15-170— Excluded or restricted coverage
- KRS 304.15-175— Repealed, 2019
- KRS 304.15-180— Standard provisions -- Annuity and pure endowment contracts
- KRS 304.15-190— Grace period -- Annuities
- KRS 304.15-200— Incontestability -- Annuities
- KRS 304.15-210— Entire contract -- Annuities
- KRS 304.15-220— Misstatement of age or sex -- Annuities
- KRS 304.15-230— Dividends -- Annuities
- KRS 304.15-240— Reinstatement -- Annuities
- KRS 304.15-250— Standard provisions -- Reversionary annuities
- KRS 304.15-260— Limitation of liability
- KRS 304.15-270— Incontestability, limitation of liability after reinstatement
- KRS 304.15-280— Prohibited provisions
- KRS 304.15-290— Provisions required by law of other jurisdiction
- KRS 304.15-300— Short title
- KRS 304.15-310— Nonforfeiture provisions
- KRS 304.15-311— "Operative date of the valuation manual" defined
- KRS 304.15-312— Policies without cash surrender value
- KRS 304.15-315— Standard Nonforfeiture Law for Individual Deferred Annuities
- KRS 304.15-320— Cash surrender value
- KRS 304.15-322— Notification of insured of cash surrender value
- KRS 304.15-330— Paid-up nonforfeiture benefits
- KRS 304.15-340— Adjusted premiums
- KRS 304.15-342— Adjusted premiums operative at option of insurer or on January 1, 1989
- KRS 304.15-344— Commissioner's approval
- KRS 304.15-350— Calculation of cash surrender value and paid-up nonforfeiture benefit of certain policies on default
- KRS 304.15-352— Cash surrender value -- Nonforfeiture factor
- KRS 304.15-360— Exceptions
- KRS 304.15-365— Standard Nonforfeiture Law for Individual Deferred Annuities of 2005
- KRS 304.15-370— Disposition of miscellaneous proceeds
- KRS 304.15-380— Participating, nonparticipating policies -- Right to issue
- KRS 304.15-390— Pension, retirement, profit-sharing, life insurance, or annuity agreements -- Separate accounts
- KRS 304.15-400— Prohibited policy plans
- KRS 304.15-410— Minimum reserves
- KRS 304.15-420— Unclaimed Life Insurance Benefits Act
- KRS 304.15-700— Licensing requirements governing life settlement providers and brokers -- Contracts -- Commissioner's approval required -- Forms
- KRS 304.15-702— Permitted questioning of life insurance applicant concerning financing of premium payments
- KRS 304.15-705— Commissioner's authority to examine -- Retention and inspection of records
- KRS 304.15-708— Emergency cease and desist order when public health, safety, or welfare is endangered -- Fee
- KRS 304.15-709— Remedies of department and of persons damaged by life settlement violations
- KRS 304.15-710— Life settlement provider's duties of disclosure to owner
- KRS 304.15-712— Permitted and prohibited life insurance advertising and marketing
- KRS 304.15-715— Requirements for life settlement contracts
- KRS 304.15-716— Violation due to time of contract -- Conditions -- Procedure -- Satisfaction of requirements
- KRS 304.15-717— Circumstances under which life settlement transactions are unlawful -- Required statement regarding false information -- Furnishing information regarding fraudulent life settlement acts
- KRS 304.15-718— Requirements governing execution of life settlement contracts
- KRS 304.15-719— Annual statement to be filed with commissioner -- Administrative regulations
- KRS 304.15-720— Powers of commissioner
- KRS 304.15-725— KRS 304.15-020 and KRS 304.15-700 to 304.15-720 subject to Subtitle 12 of this chapter
- KRS 304.15-726— Life settlement contracts for payments directly to long-term care services providers -- Administrative regulations