Montana Statutes
§ 33-15-401 — Application Required -- Life And Disability Insurance
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 15 THE INSURANCE CONTRACT·Part 4 Application, Issuance, Renewal, Assignment, and Return
33-15-401 . Application required -- life and disability insurance. No life or disability insurance contract upon an individual, except a contract of group life insurance or of group or blanket disability insurance, shall be made or effectuated unless at the time of the making of the contract the individual insured, being of competent legal capacity to contract, applies therefor or has consented thereto in writing, except in the following cases:
(1)A spouse may effectuate such insurance upon the other spouse.
(2)Any person having an insurable interest in the life of a minor or any person upon whom a minor is dependent for support and maintenance may effectuate insurance upon the life of or pertaining to such minor.
(3)Family policies insuring any two or more members of a family may be is
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Legislative History
En. Sec. 268, Ch. 286, L. 1959; R.C.M. 1947, 40-3711.
Nearby Sections
15
§ 33-15-101
Scope§ 33-15-102
Definitions§ 33-15-1101
Purpose -- Applicability§ 33-15-1102
Definitions§ 33-15-1103
Midterm Cancellation§ 33-15-1105
Nonrenewal -- Renewal Premium§ 33-15-1106
Renewal With Altered Terms§ 33-15-1107
Information About Grounds For Nonrenewal§ 33-15-1108
Limitation On Midterm Premium Increases§ 33-15-1109
And 33-15-1110 Reserved§ 33-15-1112
Through 33-15-1120 Reserved§ 33-15-1121
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