19-6-34
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19-6-34.
(a)
In any case before the court involving child support, the court may include in
the order of support provision for life insurance on the life of either parent
or the lives of both parents for the benefit of the minor children. The court
may order either parent or both parents to obtain and maintain the life
insurance.
(b)
The amount of the premium for such life insurance may be considered as a
deviation to the presumptive amount of child support pursuant to the provisions
of Code Section 19-6-15, provided that the court shall review the amount of the
premium for reasonableness under the circumstances of the case and the best
interest of the child.
(c)
Except as provided in subsection (d) of this Code section, an order for child
support shall not require maintenance of life insurance for a
child́s
benefit after the child reaches the age of majority and shall not require that
the proceeds of life insurance be available for the benefit of a child after the
child reaches the age of majority.
(d)
The trier of fact, in the exercise of sound discretion, may direct either or
both parents to maintain life insurance for the benefit of a child who has not
previously married or become emancipated, who is enrolled in and attending a
secondary school, and who has attained the age of majority before completing his
or her secondary school education, provided that maintenance of such life
insurance for the benefit of the child shall not be required after a child
attains 20 years of age.
(e)
Nothing in this Code section shall prevent parents from entering into an
agreement for the provision of life insurance that differs from or exceeds the
terms of this Code section.