Maine § 24-A §2713 Payment of claims

Maine Statutes

§ 24-A §2713 — Payment of claims

Maine § 24-A §2713

Title 24-AMAINE INSURANCE CODE

Ch. 33HEALTH INSURANCE CONTRACTS

This text of Maine § 24-A §2713 (Payment of claims) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 24-A, § 24-A §2713 (2026).

Text

1.There shall be a provision as follows:Payment of claims: Indemnity for loss of life will be payable in accordance with the beneficiary designation and the provisions respecting such payment which may be prescribed herein and effective at the time of payment. If no such designation or provision is then effective, such indemnity shall be payable to the estate of the insured. Any other accrued indemnities unpaid at the insured's death may, at the option of the company, be paid either to such beneficiary or to such estate. All other indemnities will be payable to the insured.

2.The following provisions, or either of them, may be included with the foregoing provision at the option of the insurer:

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1.
There shall be a provision as follows:Payment of claims: Indemnity for loss of life will be payable in accordance with the beneficiary designation and the provisions respecting such payment which may be prescribed herein and effective at the time of payment. If no such designation or provision is then effective, such indemnity shall be payable to the estate of the insured. Any other accrued indemnities unpaid at the insured's death may, at the option of the company, be paid either to such beneficiary or to such estate. All other indemnities will be payable to the insured.
2.
The following provisions, or either of them, may be included with the foregoing provision at the option of the insurer: