Arizona Revised Statutes § 20-1218 Standard Provisions Required In Annuity And Pure Endowment Contracts

20-1218. Standard provisions required in annuity and pure endowment contracts

A. No annuity or pure endowment contract, other than reversionary annuities, survivorship annuities or group annuities, and except as stated in this section, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in sections 20-1219 to 20-1224, inclusive. Any such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.

B. This section shall not apply to contracts for deferred annuities included in, or upon the lives of beneficiaries under, life insurance policies.

Section: Previous  20-1210  20-1212  20-1213  20-1214  20-1215  20-1216  20-1217  20-1218  20-1219  20-1220  20-1221  20-1222  20-1223  20-1224  20-1225  Next

Last modified: October 13, 2016