PocketLaw | Delaware Code | Life Insurance and Annuity Contracts

Life Insurance and Annuity Contracts

Checkout our iOS App for a better way to browser and research.

Scope of chapter.

“Annuity” defined.

“Industrial life insurance” defined.

Standard provisions required.

Payment of premiums.

Grace period.

Entire contract.

Incontestability.

Misstatement of age.

Dividends.

Policy loan.

Table of installments.

Reinstatement.

Payment of claims.

Beneficiary, industrial policies.

Title.

Excluded or restricted coverage.

Standard provisions; annuity and pure endowment contracts.

Grace period; annuities.

Incontestability; annuities.

Entire contract; annuities.

Misstatement of age or sex; annuities.

Dividends; annuities.

Reinstatement; annuities.

Standard provisions; reversionary annuities.

Limitation of liability.

Prohibited provisions.

Provisions required by law of other jurisdiction.

Standard nonforfeiture law — Generally.

Standard nonforfeiture law; individual deferred annuities [For application of this statute, see 83 Del. Laws, c. 105, § 2].

Incontestability; limitation of liability after reinstatement.

Participating, nonparticipating policies; right to issue.

Variable annuity contracts and life insurance policies; grace, reinstatement, nonforfeiture and reserve liability provisions.

Prohibited policy plans.

Registered policies, bonds; deposit.

Registered policies, bonds — Identification.

Registered policies, bonds — Records of Commissioner; valuation.

Registered policies, bonds — Additional deposits.

Registered policies, bonds — Deficient deposit.

Registered policies, bonds — Effect of insolvency.

Registered policies, bonds — Applicability of general deposit provisions.

Notification and reasons for cancellation [For application of this section, see 79 Del. Laws, c. 390, § 8].