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2019 Kentucky Revised Statutes
Chapter 304 - Insurance code
Subtitle 304.15 - Life Insurance and Annuity Contracts
304.15-030 "Ordinary" and "industrial" insurance construed.

Universal Citation: KY Rev Stat § 304.15-030 (2019)
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304.15-030 "Ordinary" and "industrial" insurance construed. In construing the provisions of KRS 304.15-310 to 304.15-360, inclusive, "ordinary insurance" or "insurance upon the ordinary plan" shall be considered to be insurance that may be paid for by a single premium, by annual premiums or by semiannual or quarterly or other installments thereon at the option of the insurer; and "industrial insurance" shall be considered to be insurance as defined in KRS 304.15-020. Effective: June 18, 1970 History: Created 1970 Ky. Acts ch. 301, subtit. 15, sec. 3, effective June 18, 1970.
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