Disclosure of limited death benefits

  1. Law
  2. Maine Revised Statutes
  3. MAINE INSURANCE CODE
  4. LIFE INSURANCE AND ANNUITY CONTRACTS
  5. Disclosure of limited death benefits

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§2549. Disclosure of limited death benefits

Any contract which does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that those benefits are not provided.   [PL 1979, c. 442, §4 (NEW).]

SECTION HISTORY

PL 1979, c. 442, §4 (NEW).


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