§ 26-17-103 — Employee groups

(a) The lives of a group of individuals may be insured
under a policy issued to an employer or trustees of a fund
established or adopted by an employer, which employer or trustee
is deemed the policyholder, insuring the employer's employees
for the benefit of persons other than the employer, subject to
the following requirements:
(i) All employees or any class of employees are
eligible for insurance under the terms of the policy;
(ii) The policy may define "employees" to include:
(A) The employees of one (1) or more subsidiary
corporations;
(B) The employees, individual proprietors and
partners of one (1) or more affiliated corporations, proprietors
or partnerships, if the business of the employer and of the
affiliated corporations, proprietors or partnerships is under
common control through stock ownership, contract or otherwise;
(C) The individual proprietor or partner, if the
employer is an individual proprietor or a partnership;
(D) Retired or former employees;
(E) Directors of a corporate employer.
(iii) Repealed by Laws 1990, ch. 3, § 3.
(iv) Repealed by Laws 1990, ch. 3, § 3.
(v) Any policy issued to insure the employees of a
public body may define "employees" to include elected or
appointed officials;
(vi) Policy premiums shall be paid by the
policyholder subject to the following requirements:
(A) Repealed by Laws 1990, ch. 3, §§ 2, 3.
(B) Repealed by Laws 1990, ch. 3, § 3.
(C) Repealed by Laws 1990, ch. 3, § 3.
(D) If the insured employee does not pay any
part of the premium for his insurance, the policy shall insure
all eligible employees, except those who reject the coverage in
writing and except as provided in subparagraph (E) of this
paragraph;
(E) An insurer may exclude or limit the coverage
on any person if evidence of individual insurability does not
satisfy the insurer.
(vii) Repealed by Laws 1990, ch. 3, § 3.
(viii) Repealed by Laws 1990, ch. 3, § 3.