§ 26-29-216 — Benefits

Wyoming § 26-29-216

• Jurisdiction: Wyoming
• Title 26: Insurance Code
• Ch. 29: FRATERNAL BENEFIT SOCIETIES

Text

(a) A society may provide the following contractual
benefits in any form:
(i) Death benefits;
(ii) Endowment benefits;
(iii) Annuity benefits;
(iv) Temporary or permanent disability benefits;
(v) Hospital, medical or nursing benefits;
(vi) Monument or tombstone benefits to the memory of
deceased members; and
(vii) Other benefits as authorized for life insurers
and which are not inconsistent with this chapter.
(b) A society shall specify in its rules those persons who
may be issued, or covered by, the contractual benefits in
subsection (a) of this section, consistent with providing
benefits to members and their dependents. A society may provide
benefits on the lives of children under the minimum age for
adult membership upon application of an adult person.