Maine Statutes

§ 24-A §2549 — Disclosure of limited death benefits

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 29 LIFE INSURANCE AND ANNUITY CONTRACTS
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.

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Legislative History

PL 1979, c. 442, §4 (NEW).

Nearby Sections

15
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