2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 509 - GROUP INSURANCE
509.4 - NUMBER INSURED.

        509.4  NUMBER INSURED.
         An insurer may issue policies of individual life, accident,
      health, hospital, medical or surgical insurance or any combination
      thereof at reduced rates to employees of a common employer including
      the state, a county, school district, city or institution supported
      in whole or in part by public funds, but the number of employees to
      be insured must be more than one.  The premium for such policies may
      be paid wholly or in part by the employer.  If such policies shall
      provide term life insurance renewable only during the continuance of
      employment with the employer they shall also provide for conversion
      to a level premium life policy substantially in accordance with the
      provisions of subsection 8 of section 509.2.  

         [C24, 27, 31, § 8675, 8678; C35, § 8684-e1, -e5; C39, § 8684.01,
      8684.05; C46, § 509.1, 509.5; C50, 54, 58, 62, 66, 71, 73, 75, 77,
      79, 81, § 509.4]