Connecticut Chapter 700b — Life Insurance (contains Secs. 38a-430 to 38a-468)
- Sec. 38a-430. (Formerly Sec. 38-135a). Approval of form of life insurance and annuity policies. Optional health insurance riders.
- Sec. 38a-431. (Formerly Sec. 38-153). Group insurance.
- Sec. 38a-432. (Formerly Sec. 38-154). Annuities.
- Sec. 38a-433. (Formerly Sec. 38-154a). Life insurance or annuities payable in fixed or variable amounts. Accumulation of funds pursuant to funding agreements.
- Sec. 38a-434. (Formerly Sec. 38-155). Insurance against accident and disease.
- Sec. 38a-435. (Formerly Sec. 38-147a). Regulations re replacement of or borrowing on life insurance products, policies or contracts.
- Sec. 38a-436. (Formerly Sec. 38-157a). Notice of voidability of individual insurance contracts. Procedure. Time limit.
- Sec. 38a-437. (Formerly Sec. 38-158). Copy of application to be furnished.
- Sec. 38a-438. (Formerly Sec. 38a-130b). Short title: Standard Nonforfeiture Law.
- Sec. 38a-439. (Formerly Sec. 38-130c). Minimum nonforfeiture benefits for life insurance policyholders who default in premium payments. Cash surrender value.
- Sec. 38a-440. (Formerly Sec. 38-130d). Minimum nonforfeiture benefits for annuity contract holders upon cessation of payment of considerations under a contract.
- Sec. 38a-441. (Formerly Sec. 38-159c). Notice to insured when life insurance policy paid up.
- Sec. 38a-442. (Formerly Sec. 38-156). Dating back of policies prohibited.
- Sec. 38a-443. (Formerly Sec. 38-147). Premium notes.
- Sec. 38a-444. (Formerly Sec. 38-147b). Life insurance policy loans. Interest rate allowable.
- Sec. 38a-445. (Formerly Sec. 38-160). Deferring the granting of loans and surrender values.
- Sec. 38a-446. (Formerly Sec. 38-149). Discrimination in favor of individuals prohibited.
- Sec. 38a-447. (Formerly Sec. 38-150). Discrimination against persons on the basis of race prohibited.
- Secs. 38a-448 and 38a-449. (Formerly Secs. 38-151 and 38-152). Affidavit of examining physician.
- Sec. 38a-450. (Formerly Sec. 38-159). Certain corporations and associations may be made beneficiaries.
- Sec. 38a-451. (Formerly Sec. 38-159a). Trustee as beneficiary of policy.
- Sec. 38a-452. (Formerly Sec. 38-159b). Payment of interest on life insurance death benefits.
- Sec. 38a-453. (Formerly Sec. 38-161). Rights of creditors of insured against beneficiary.
- Sec. 38a-454. (Formerly Sec. 38-162). Proceeds of insurance policies and annuities may be held in trust.
- Sec. 38a-455. Assignment of incidents of ownership under group life policy.
- Sec. 38a-456. Notice of cancellation or discontinuation of group life insurance coverage.
- Sec. 38a-457. Accelerated benefits of life insurance policies.
- Sec. 38a-458. Life insurance policies providing long-term care benefits. Regulations.
- Sec. 38a-458a. Option for certain insurers to combine long-term care coverage with certain life, endowment or annuity coverages.
- Sec. 38a-459. (Formerly Sec. 38-33a). Funding agreements by domestic life insurance companies. Establishment of companies' obligations. Segregation of moneys.
- Sec. 38a-460. Accumulation fund arrangements. Definition.
- Secs. 38a-461 to 38a-463.
- Sec. 38a-464. (Formerly Sec. 38-32). Burial contracts; license from Insurance Commissioner.
- Sec. 38a-465. Definitions.
- Sec. 38a-465a. Licensing of viatical settlement providers, brokers and investment agents.
- Sec. 38a-465b. Denial, suspension or revocation of license. Refusal to renew license. Appeals. Fines.
- Sec. 38a-465c. Contract form and disclosure statements. Filing and approval requirements.
- Sec. 38a-465d. Annual statements. Confidentiality of insured's information. Reasons for disclosure of insured's identity.
- Sec. 38a-465e. Examination of licensees and applicants. Commissioner's access to records. Retention of records. Expenses of examination.
- Sec. 38a-465f. Required disclosures.
- Sec. 38a-465g. Prerequisites to a viatical settlement contract. Medical release. Notice to insurer. Verification of coverage. Confidentiality of medical information. Rescission. Change of ownership or beneficiary. Independent escrow agents. License required to receive fees and commissions. Proceeds not subject to state tax. Contact with insured limited. Alienability of death benefit. Calculation of amount payable.
- Sec. 38a-465h. Policy investors prohibited from influencing insured's medical treatment. Assignment of rights under life insurance policy. Rights of assignee. Conversion period tolled, when. Calculation of incontestability period following conversion of group policy to individual policy.
- Sec. 38a-465i. Life insurance company to respond to requests for certain information. Issuance of individual conversion policy for purpose of entering into viatical settlement contract. Construction. Prohibition on certain contracts within two years of life policy issuance. Deemed compliance. Timely response to transfer request.
- Sec. 38a-465j. Construction re licensing, fees, commissions and financing transactions.
- Sec. 38a-465k. Limits on alienability of viaticated policies.
- Sec. 38a-465l. Viatical settlement providers and brokers acting prior to January 1, 1998.
- Sec. 38a-465m. Regulations. Imposition of bond or other mechanism as proof of financial accountability.
- Sec. 38a-465n. Viatical settlement advertisements.
- Sec. 38a-465o. Viatical settlement broker deemed to represent only the viator. Fiduciary duty to viator.
- Sec. 38a-465p. Viatical settlement investment agents: Prohibition on contact with viators or knowledge of viators' identity; deemed to represent viatical settlement providers.
- Sec. 38a-465q. Related provider trusts.
- Secs. 38a-466 to 38a-468.