Arkansas § 23-62-102 Life insurance

Arkansas Statutes

§ 23-62-102 — Life insurance

Arkansas § 23-62-102

Title23

This text of Arkansas § 23-62-102 (Life insurance) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 23-62-102 (2026).

Text

(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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(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) .