Go to Previous Versions of this Section
  1. 2025 Kansas Stat. (here)
  2. 2024 Kansas Stat.
  3. 2023 Kansas Stat.
  4. View All Versions

2025 Kansas Statutes
Chapter 40 - Insurance
Article 30 - Life And Health Insurance Guaranty Association Act
40-3002 Purpose of act.

Universal Citation:
KS Stat § 40-3002 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
Previous Next

40-3002. Purpose of act.
(a) The purpose of this act is to protect, subject to certain limitations, the persons specified in K.S.A. 40-3003, and amendments thereto, against failure in the performance of contractual obligations, under life, health and annuity policies, plans and contracts specified in K.S.A. 40-3003, and amendments thereto, because of the impairment or insolvency of the member insurer that issued the policies or contracts.

(b) To provide this protection, an association of member insurers is created to pay benefits and to continue coverages as limited herein, and members of the association are subject to assessment to provide funds to carry out the purpose of this act.

History: L. 1972, ch. 190, § 2; L. 1984, ch. 161, § 3; L. 1986, ch. 180, § 1; L. 2024, ch. 74, § 6; July 1.

Previous Next
Disclaimer: These codes may not be the most recent version. Kansas 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.