§ 48.24.210. Limitation of liability
(1) The insurer may in any group life insurance contract provide that it is not liable, or is liable only in a reduced amount, for losses resulting:
(a) From war or any act of war, declared or undeclared, or of service in the military, naval or air forces or in civilian forces auxiliary thereto, or from any cause while a member of any such military, naval or air forces, of any country at war, declared or undeclared.
(b) From aviation under conditions specified in the policy.
(2) The insurer may in any such contract provide that any amount of insurance in excess of one thousand dollars on an individual life may be reduced to one thousand dollars or to any greater amount upon attainment of any age not less than age sixty-five or upon the anniversary of the policy nearest attainment of such age.
[1947 c 79 § .24.21; Rem. Supp. 1947 § 45.24.21.]
Sections: Previous 48.24.100 48.24.110 48.24.120 48.24.130 48.24.140 48.24.150 48.24.160 48.24.170 48.24.180 48.24.190 48.24.200 48.24.210 48.24.240 48.24.260 48.24.270 NextLast modified: April 7, 2009