2011 Vermont Code
Title 08 Banking and Insurance
Chapter 121 FRATERNAL BENEFIT SOCIETIES
§ 4474 Benefits
§ 4474. Benefits
(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;
(6) monument or tombstone benefits to the memory of deceased members not exceeding in any case the sum of $300.00; and
(b) Such benefits may be provided on the lives of members or upon application of a member, on the lives of the member's family, including the member, the member's spouse and minor children, in the same or separate certificates. (1959, No. 197, { 14, eff. Nov. 22, 1959.)
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