Wyoming § 26-18-134 Prohibited policy plans and provisions

Wyoming Statutes

§ 26-18-134 — Prohibited policy plans and provisions

Wyoming § 26-18-134

Title 26Insurance Code

Ch. 18DISABILITY INSURANCE POLICIES

This text of Wyoming § 26-18-134 (Prohibited policy plans and provisions) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 26-18-134 (2026).

Text

(a)No insurer shall deliver or issue for delivery in this state any disability insurance policy:

(i)Providing benefits or values for surviving or continuing policyholders contingent upon the lapse or termination for any reason of other policyholders policies;

(ii)Containing any clause, provision or agreement providing a premium, deposit or other payment for, or promising the distribution of, any bonus, special fund or guaranteed payment other than the insurance benefits specified in the policy, except that this restriction does not apply to the payment of dividends to the holders of participating policies.

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(a) No insurer shall deliver or issue for delivery in this
state any disability insurance policy:
(i) Providing benefits or values for surviving or
continuing policyholders contingent upon the lapse or
termination for any reason of other policyholders policies;
(ii) Containing any clause, provision or agreement
providing a premium, deposit or other payment for, or promising
the distribution of, any bonus, special fund or guaranteed
payment other than the insurance benefits specified in the
policy, except that this restriction does not apply to the
payment of dividends to the holders of participating policies.