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2019 Code of Alabama
Title 27 - Insurance.
Chapter 34 - Fraternal Benefit Societies.
Section 27-34-23 - Benefits - Generally.
Universal Citation: AL Code § 27-34-23 (2019)
Section 27-34-23Benefits - Generally.
(a) A society authorized to do business in this state may provide for the payment of:
(1) Death benefits in any form;
(2) Endowment benefits;
(3) Annuity benefits;
(4) Temporary or permanent disability benefits as a result of disease or accident;
(5) Hospital, medical, or nursing benefits due to sickness or bodily infirmity or accident; and
(6) Monument or tombstone benefits to the memory of deceased members not exceeding in any case the sum of $300.00.
(b) Such benefits may be provided on the lives of members or, upon application of a member, on the lives of a member's family, including the member, the member's spouse, and minor children, in the same or separate certificates.
(Acts 1911, No. 476, p. 700; Acts 1931, No. 55, p. 71; Acts 1949, No. 680, p. 1050, §1; Acts 1971, No. 407, p. 707, §694.)
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