2012 Arizona Revised Statutes
Title 20 Insurance
20-875 Benefits


AZ Rev Stat § 20-875 (through 2nd Reg Sess. 50th Leg. 2012) What's This?

20-875. Benefits

A. A fraternal benefit society may provide the following contractual benefits in any form:

1. Death benefits.

2. Endowment benefits.

3. Annuity benefits.

4. Temporary or permanent disability benefits.

5. Hospital, medical or nursing benefits.

6. Monument or tombstone benefits to the memory of deceased members.

7. Any other benefits that are authorized for life insurers and that are not prescribed by this article.

B. A society shall specify by rule those persons who may be issued or covered by the contractual benefits prescribed by subsection A. The rules shall be consistent with providing benefits to members and dependents of members. On the application of an adult member, a society may provide benefits on the lives of children who are under the minimum age for adult membership.

C. Any benefit or combination of benefits authorized by this section may be provided in the same certificate, and the certificates may be participating.

Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.