Arkansas Statutes
§ 23-62-102 — Life insurance
Arkansas·Title 23
(a)As used in the Arkansas Insurance Code, unless the context otherwise requires, "life insurance" is insurance on human lives.
(b)The transaction of life insurance includes also the granting of endowment benefits, benefits for expenses incurred in connection with death, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured's disability, and optional modes of settlement of proceeds of life insurance.
(c)Transaction of life insurance does not include workers' compensation, as defined in § 23-62-105(a)(3) .
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Related
Kendall Dodson Dennis D. Dodson Jerry Dodson Loyal S. Dodson v. J.C. Penney Company, Inc. J.C. Penney Life Insurance Company
336 F.3d 696 (Eighth Circuit, 2003)
Kendall Dodson v. J.C. Penney Life
(Eighth Circuit, 2003)
Legislative History
Acts 1959, No. 148, § 73; A.S.A. 1947, § 66-2402.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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