West Virginia § 33-13-17 Annuity contracts -- Standard provisions

West Virginia Statutes

§ 33-13-17 — Annuity contracts -- Standard provisions

West Virginia § 33-13-17

Ch. 33Â INSURANCE

Art. 13LIFE INSURANCE

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Bluebook

W. Va. Code § 33-13-17 (2026).

Text

(a)No annuity or pure endowment contract, other than reversionary annuities, survivorship annuities or group annuities and except as stated herein, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in sections eighteen to twenty-three, inclusive, of this article. Any of such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.

(b)This section shall not apply to contracts for deferred annuities included in, or upon the lives of beneficiaries under, life insurance policies.

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(a) No annuity or pure endowment contract, other than reversionary annuities, survivorship annuities or group annuities and except as stated herein, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in sections eighteen to twenty-three, inclusive, of this article. Any of such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.

(b) This section shall not apply to contracts for deferred annuities included in, or upon the lives of beneficiaries under, life insurance policies.