Code of Alabama - Title 27: Insurance - Chapter 18 - Group Life Insurance
- Section 27-18-1 Applicability of chapter
This chapter applies only as to group life insurance contracts hereafter issued and does not apply as to group life insurance contracts heretofore issued or...
- Section 27-18-2 Policy provisions - Generally
No policy of group life insurance shall be delivered in this state unless it contains in substance the applicable provisions set forth in Sections 27-18-3...
- Section 27-18-3 Policy provisions - Grace period
The group life insurance policy shall contain a provision that the policyholder is entitled to a grace period of not less than 30 days for...
- Section 27-18-4 Policy provisions - Incontestability
The group life insurance policy shall contain a provision that the validity of the policy shall not be contested, except for nonpayment of premium, after...
- Section 27-18-5 Policy provisions - Copy of application; representations; statements as evidence
The group life insurance policy shall contain a provision that a copy of the application, if any, of the policyholder shall be attached to the...
- Section 27-18-6 Policy provisions - Insurability
The group life insurance policy shall contain a provision setting forth the conditions, if any, under which the insurer reserves the right to require a...
- Section 27-18-7 Policy provisions - Adjustment of premiums and/or benefits
The group life insurance policy shall contain a provision specifying an equitable adjustment of premiums or of benefits, or of both, to be made in...
- Section 27-18-8 Policy provisions - Furnishing of statement to debtors
In the case of a policy issued to a creditor to insure debtors of such creditor, there shall be a provision that the insurer will...
- Section 27-18-9 Policy provisions - Payment of benefits
The group life insurance policy shall contain a provision that any sum becoming due by reason of the death of the person insured shall be...
- Section 27-18-10 Policy provisions - Individual certificates
The group life insurance policy shall contain a provision that the insurer will issue to the policyholder for delivery to each person insured an individual...
- Section 27-18-11 Policy provisions - Conversion - Termination of eligibility
The group life insurance policy shall contain a provision that if the insurance, or any portion of it, on a person covered under the policy...
- Section 27-18-12 Policy provisions - Conversion - Termination of policy
The group life insurance policy shall contain a provision that if the group policy terminates, or is amended so as to terminate the insurance of...
- Section 27-18-13 Policy provisions - Conversion - Death during conversion period
The group life insurance policy shall contain a provision that if a person insured under the policy dies during the period within which he would...
- Section 27-18-14 Notice as to conversion rights
If any individual insured under a group life insurance policy hereafter delivered in this state becomes entitled under the terms of such policy to have...
- Section 27-18-15 Employee life insurance
"Employee life insurance" is that plan of life insurance, other than salary savings life insurance or pension trust insurance and annuities, under which individual policies...
- Section 27-18-16 Assignment of rights and benefits under group policies
Any person insured under a group insurance policy may, in accordance with Section 27-14-21 and pursuant to the terms of such policy or an arrangement...
Last modified: May 3, 2021