West Virginia § 33-23-17 Kinds of benefits authorized

West Virginia Statutes

§ 33-23-17 — Kinds of benefits authorized

West Virginia·Ch. 33 Â INSURANCE·Art. 23 FRATERNAL BENEFIT SOCIETIES

(1)A society licensed in this state may provide for the payment of:

(a)Death benefits in any form;

(b)Endowment benefits;

(c)Annuity benefits;

(d)Temporary or permanent disability benefits as a result of disease or accident;

(e)Hospital, medical or nursing benefits due to sickness or bodily infirmity or accident;

(f)Monument or tombstone benefits to the memory of deceased members not exceeding in any case the sum of $300.

(2)Such benefits may be provided on the lives of members or, upon application of a member, on the lives of the member's family, including the member, the member's spouse and minor children, in the same or separate certificates.

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(1) A society licensed in this state may provide for the payment of:

(a) Death benefits in any form;

(b) Endowment benefits;

(c) Annuity benefits;

(d) Temporary or permanent disability benefits as a result of disease or accident;

(e) Hospital, medical or nursing benefits due to sickness or bodily infirmity or accident;

(f) Monument or tombstone benefits to the memory of deceased members not exceeding in any case the sum of $300.

(2) Such benefits may be provided on the lives of members or, upon application of a member, on the lives of the member's family, including the member, the member's spouse and minor children, in the same or separate certificates.

West Virginia § 33-23-17 (Kinds of benefits authorized) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.