There is a newer version of the Kansas Statutes
2013 Kansas Statutes
Chapter 40 INSURANCE
Article 4 GENERAL PROVISIONS RELATING TO LIFE INSURANCE COMPANIES
- Section 40-401 Formation of company on stock or mutual plan; powers of companies; combination policies; specified disease and critical illness riders; organizational requirements; guaranty funds; deposits with joint custodians; withdrawals, when; paid-up capital stock, surplus and deposit requirements; rules and regulations.
- Section 40-402 Paid-up capital stock, surplus; deposit of securities.
- Section 40-403b Same; foreign companies.
- Section 40-409 Valuation of policies; compensation of actuary; standard valuation law; commissioners' reserve valuation method; lapse rates; aggregate reserves; calculations; Kansas companies doing business in another state; annual opinion by actuary on reserves; confidential.
- Section 40-410 Cancellation of policy for nonpayment of premiums; notice, when; policyowner defined.
- Section 40-411 Notice of intention to cancel policy for nonpayment of premium; time for payment.
- Section 40-412 When action to be maintained on insurance contract.
- Section 40-413 Death of beneficiary in policy; duties of insurance company.
- Section 40-414 Exemption of interests in policies; exceptions.
- Section 40-414a Trust provisions in contracts; restrictions on alienation; exemptions.
- Section 40-415 Insurance to go to estate of insured when beneficiary dies before insured.
- Section 40-416 Subsequent agreements.
- Section 40-417 Fraud and perjury; penalty.
- Section 40-418 Materiality of misrepresentation in obtaining policy.
- Section 40-419 Tender of premiums with defense of misrepresentation.
- Section 40-419a Refund upon cancellation of individual term policy; calculation.
- Section 40-420 Contents of insurance policy; exceptions.
- Section 40-420a Policy loan interest rates; purpose.
- Section 40-420b Same; definitions.
- Section 40-420c Same; methods to determine interest rates; definitions.
- Section 40-420d Same; applicability to policies.
- Section 40-421 Provisions insurance policy not to contain.
- Section 40-422 Industrial life insurance; definitions.
- Section 40-423 Same; contents of industrial life insurance policy; exceptions; surrender.
- Section 40-424 Same; designation of beneficiary; change of; payments.
- Section 40-425 Same; cash surrender value and value of stipulated form to be equal.
- Section 40-426 Same; commissioner may authorize policies more favorable.
- Section 40-427 Nonforfeiture benefits and cash surrender values in life policies issued prior to the operative date of 40-428.
- Section 40-428 Standard nonforfeiture law.
- Section 40-429 Loan provisions in policies.
- Section 40-431 Definition of due date for the payment of premiums and of when premium in default.
- Section 40-432 Invalidity of part.
- Section 40-433 Group life insurance; types of policies and requirements.
- Section 40-433a Same; provision granting employee right of assignment of benefits.
- Section 40-434 Same; policy provisions required.
- Section 40-435 Group life insurance; conversion privileges; notice.
- Section 40-436 Establishment of separate accounts; investment and handling; contracts for benefits in variable amounts; limitation and regulation of issuance; authority of commissioner; rules and regulations.
- Section 40-437 Establishment of separate accounts; application of other laws; variable life contracts, provisions required; reserve liability requirements.
- Section 40-438 Same; severability.
- Section 40-439 Assignment of rights and privileges under life and accident and health insurance policies.
- Section 40-440 Same; act acknowledges existing right of assignment.
- Section 40-441 Designation of trustee under will as beneficiary of life insurance policy.
- Section 40-442 Issuance of life insurance policy; filing of form prior to issuance.
- Section 40-443 Same; approval of commissioner.
- Section 40-444 Same; disapproval of policy form; notice, requirements; hearing.
- Section 40-445 Same; withdrawal of approval; notice and hearing; unlawful for insurer to issue or use such form.
- Section 40-447 Payment of life insurance proceeds; interest required to be paid, when.
- Section 40-448 Transfer of domicile of domestic company; approval of commissioner; admittance as foreign insurer; deposit of securities; certificate of secretary of state; continuation of existing authority and policies; nonrecognition of transfer for certain purposes.
- Section 40-449 Policies covering debtors, replacement by creditor; limitation on contestation.
- Section 40-450 Life insurance; insurable interests; assignments to charitable, benevolent, educational and religious institutions.
- Section 40-451 Coverage temporarily effective, when; written receipt for premium may exclude, void or limit coverage; refund of unearned premium.
- Section 40-452 Life insurance; employer's insurable interest in employees; when.
- Section 40-453 Life insurance; insurable interest.
- Section 40-461 Structured settlement protection act; definitions.
- Section 40-462 Same; disclosure statement, contents.
- Section 40-463 Same; approval of transfer; required findings.
- Section 40-464 Same; discharge of structured settlement obligor and annuity issuer, when; liability of transferee.
- Section 40-465 Same; application for approval of transfer of structured settlement payment rights; procedure.
- Section 40-466 Same; limitations on provisions of transfer agreement.
- Section 40-467 Same; citation of act; applicability to workers compensation.
- Section 40-4,101 Standard nonforfeiture law for individual deferred annuities; citation of act.
- Section 40-4,102 Same; application.
- Section 40-4,103 Same; nonforfeiture requirements.
- Section 40-4,104 Same; minimum values; rules and regulations.
- Section 40-4,105 Same; computation of present value.
- Section 40-4,106 Same; calculation of cash surrender value.
- Section 40-4,107 Same; calculation of paid-up annuity benefits.
- Section 40-4,108 Same; maturity date.
- Section 40-4,109 Same; disclosure of death benefits.
- Section 40-4,110 Same; inclusion of lapse of time considerations.
- Section 40-4,111 Same; proration of values; additional benefits.
- Section 40-4,112 Same; rules and regulations.
- Section 40-4,113 Same; effective date.
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