Wyoming Statutes
§ 26-17-125 — "Wholesale life insurance" defined
(a)"Wholesale life insurance" means a plan of life
insurance, other than salary savings life insurance or pension
trust insurance and annuities, under which individual policies
are issued:
(i)To the employees of any employer; and
(ii)On the lives of not less than four (4) employees
at date of issue.
(b)Premiums for the policies shall be paid either wholly
from the employer's funds, or funds the employer contributes, or
partly from those funds and partly from funds the insured
employees contribute.
Free access — add to your briefcase to read the full text and ask questions with AI
Wyoming § 26-17-125 ("Wholesale life insurance" defined) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 26-17-101
Applicability of chapter; short title§ 26-17-102
Group contracts must meet group requirements;
inapplicability of section; old contracts saved§ 26-17-103
Employee groups§ 26-17-104
Debtor groups for benefit of creditor§ 26-17-105
Labor union groups§ 26-17-106
Trustee groups§ 26-17-107
Repealed by Laws 1990, ch. 3, § 3§ 26-17-108
Dependents' coverage§ 26-17-109
Credit union group§ 26-17-111
Grace period§ 26-17-112
Incontestability§ 26-17-113
Application; statements are representations§ 26-17-114
Evidence of insurability§ 26-17-115
Misstatement of age