Alabama § 27-17-11 Policy Provisions - Payment of Cash Benefits

Alabama Statutes

§ 27-17-11 — Policy Provisions - Payment of Cash Benefits

Alabama·Title 27 Insurance·Ch. 17 Burial Insurance Policies

(a)There shall be a provision that any cash benefit provided by the policy upon the death of the insured will be payable upon receipt of due proof of death of the insured and, at the insurer’s option, the surrender of the policy and premium receipt book.

(b)The policy may also provide for the payment of such benefit or any other cash benefit due under the policy to the beneficiary designated in the policy, or to the executor or administrator of the insured, or to any relative of the insured by blood, or legal adoption or connection by marriage or to any person appearing to the insurer to be equitably entitled thereto by reason of having incurred expense for the maintenance, medical attention or burial of the insured.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) There shall be a provision that any cash benefit provided by the policy upon the death of the insured will be payable upon receipt of due proof of death of the insured and, at the insurer’s option, the surrender of the policy and premium receipt book.
(b) The policy may also provide for the payment of such benefit or any other cash benefit due under the policy to the beneficiary designated in the policy, or to the executor or administrator of the insured, or to any relative of the insured by blood, or legal adoption or connection by marriage or to any person appearing to the insurer to be equitably entitled thereto by reason of having incurred expense for the maintenance, medical attention or burial of the insured.

Alabama § 27-17-11 (Policy Provisions - Payment of Cash Benefits) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.