New Hampshire § 418:15 Benefits

New Hampshire Statutes

§ 418:15 — Benefits

New Hampshire·Title XXXVII INSURANCE·Ch. 418 FRATERNAL BENEFIT SOCIETIES

I. A society may provide the following contractual benefits in any form:

(a)Death benefits;

(b)Endowment benefits;

(c)Annuity benefits;

(d)Temporary or permanent disability benefits;

(e)Hospital, medical or nursing benefits;

(f)Monument or tombstone benefits to the memory of deceased members; and

(g)Such other benefits as authorized for life insurers and which are not inconsistent with this chapter. II. A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in paragraph I, consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.

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I. A society may provide the following contractual benefits in any form:
(a) Death benefits;
(b) Endowment benefits;
(c) Annuity benefits;
(d) Temporary or permanent disability benefits;
(e) Hospital, medical or nursing benefits;
(f) Monument or tombstone benefits to the memory of deceased members; and
(g) Such other benefits as authorized for life insurers and which are not inconsistent with this chapter.
II. A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in paragraph I, consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.

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