PocketLaw | Kansas Statutes | General Provisions Relating To Life

General Provisions Relating To Life Insurance Companies

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

Section
40-4,101

Standard nonforfeiture law for individual deferred annuities; citation of act.

Section
40-4,102

Same; application.

Section
40-4,103

Same; nonforfeiture requirements.

Section
40-4,104

Same; minimum values; rules and regulations.

Section
40-4,105

Same; computation of present value.

Section
40-4,106

Same; calculation of cash surrender value.

Section
40-4,107

Same; calculation of paid-up annuity benefits.

Section
40-4,108

Same; maturity date.

Section
40-4,109

Same; disclosure of death benefits.

Section
40-4,110

Same; inclusion of lapse of time considerations.

Section
40-4,111

Same; proration of values; additional benefits.

Section
40-4,112

Same; rules and regulations.

Section
40-4,113

Same; effective date.

Section
40-4,201

Unclaimed life insurance benefits act; citation.

Section
40-4,202

Same; definitions.

Section
40-4,203

Same; comparison to death master file; determination of beneficiaries, process; escheat to state, when.

Formation of company on stock or mutual plan; powers of companies; combination policies; specified disease and critical illness riders; organizational requirements; guaranty funds; deposits with joint custodians; withdrawals, when; paid-up capital stock, surplus and deposit requirements; rules and regulations.

Paid-up capital stock, surplus; deposit of securities.

Section
40-403b

Same; foreign companies.

Valuation of policies; compensation of actuary; standard valuation law; commissioners' reserve valuation method; lapse rates; aggregate reserves; calculations; Kansas companies doing business in another state; annual opinion by actuary on reserves; confidential; valuation manual; principle-based valuation; single state exemption.

Cancellation of policy for nonpayment of premiums; notice, when; policyowner defined.

Notice of intention to cancel policy for nonpayment of premium; time for payment.

When action to be maintained on insurance contract.

Death of beneficiary in policy; duties of insurance company.

Exemption of interests in policies; exceptions.

Section
40-414a

Trust provisions in contracts; restrictions on alienation; exemptions.

Insurance to go to estate of insured when beneficiary dies before insured.

Subsequent agreements.

Fraud and perjury; penalty.

Materiality of misrepresentation in obtaining policy.

Tender of premiums with defense of misrepresentation.

Section
40-419a

Refund upon cancellation of individual term policy; calculation.

Contents of insurance policy; exceptions.

Section
40-420a

Policy loan interest rates; purpose.

Section
40-420b

Same; definitions.

Section
40-420c

Same; methods to determine interest rates; definitions.

Section
40-420d

Same; applicability to policies.

Provisions insurance policy not to contain.

Industrial life insurance; definitions.

Same; contents of industrial life insurance policy; exceptions; surrender.

Same; designation of beneficiary; change of; payments.

Same; cash surrender value and value of stipulated form to be equal.

Same; commissioner may authorize policies more favorable.

Nonforfeiture benefits and cash surrender values in life policies issued prior to the operative date of 40-428.

Standard nonforfeiture law.

Loan provisions in policies.

Definition of due date for the payment of premiums and of when premium in default.

Invalidity of part.

Group life insurance; types of policies and requirements.

Section
40-433a

Same; provision granting employee right of assignment of benefits.

Same; policy provisions required.

Group life insurance; conversion privileges; notice.

Establishment of separate accounts; investment and handling; contracts for benefits in variable amounts; limitation and regulation of issuance; authority of commissioner; rules and regulations.

Establishment of separate accounts; application of other laws; variable life contracts, provisions required; reserve liability requirements.

Same; severability.

Assignment of rights and privileges under life and accident and health insurance policies.

Same; act acknowledges existing right of assignment.

Designation of trustee under will as beneficiary of life insurance policy.

Issuance of life insurance policy; filing of form prior to issuance.

Same; approval of commissioner.

Same; disapproval of policy form; notice, requirements; hearing.

Same; withdrawal of approval; notice and hearing; unlawful for insurer to issue or use such form.

Payment of life insurance proceeds; interest required to be paid, when.

Transfer of domicile of domestic company; approval of commissioner; admittance as foreign insurer; deposit of securities; certificate of secretary of state; continuation of existing authority and policies; nonrecognition of transfer for certain purposes.

Policies covering debtors, replacement by creditor; limitation on contestation.

Life insurance; insurable interests; assignments to charitable, benevolent, educational and religious institutions.

Coverage temporarily effective, when; written receipt for premium may exclude, void or limit coverage; refund of unearned premium.

Life insurance; employer's insurable interest in employees; when.

Life insurance; insurable interest.

Structured settlement protection act; definitions.

Same; disclosure statement, contents.

Same; approval of transfer; required findings.

Same; discharge of structured settlement obligor and annuity issuer, when; liability of transferee.

Same; application for approval of transfer of structured settlement payment rights; procedure.

Same; limitations on provisions of transfer agreement.

Same; citation of act; applicability to workers compensation.