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27-18-9
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 payable to the beneficiary designated by the person insured, subject to the provisions
of the policy in the event there is no designated beneficiary as to all, or any part, of such
sum living at the death of the person insured, and subject to any right reserved by the insurer
in the policy and set forth in the certificate to pay at its option a part of such sum not
exceeding $500.00 to any person appearing to the insurer to be equitably entitled thereto
by reason of having incurred funeral or other expenses incident to the last illness or death
of the person insured. (Acts 1971, No. 407, p. 707, §415.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-18-9.htm - 1K - Match Info - Similar pages
27-23-1
Section 27-23-1 When insurer's liability absolute. As to every contract of insurance made between
an insurer and any insured by which such insured is insured against loss or damage on account
of the bodily injury or death by accident of any person for which loss or damage such insured
is responsible, whenever a loss occurs on account of a casualty covered by such contract of
insurance, the liability of the insurer shall become absolute and the payment of the loss
shall not depend upon the satisfaction by the insured of a final judgment against him for
loss, or damage, or death occasioned by the casualty. No such contract of insurance shall
be cancelled or annulled by any agreement between the insurer and the insured after the insured
has become responsible for such loss or damage, and any such cancellation or annulment shall
be void. (Code 1940, T. 28, §11; Acts 1971, No. 407, p. 707, §484.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-23-1.htm - 1K - Match Info - Similar pages
34-27C-6
Section 34-27C-6 Insurance requirements. (a) Contract security company licensees shall file
certificates of insurance with the board certifying coverage. The minimum amount of coverage
shall be two million dollars ($2,000,000) for bodily or personal injury and two hundred thousand
dollars ($200,000) for property damage. There shall be included endorsements for general liability,
personal injury, and workers' compensation. (b) An insurance policy may not be modified or
cancelled without 30 days' prior notice to the board. The insurance company shall be licensed
in this state, or in the state in which the insurance is purchased, with the name of a designated
agent for service filed in the office of the Secretary of State. (Act 2009-640, p. 1960, §6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27C-6.htm - 1K - Match Info - Similar pages
25-5-332
Section 25-5-332 Premium discount where drug-free workplace program implemented. (a) If an
employer implements a drug-free workplace program substantially in accordance with this article,
the employer shall qualify for certification for a five percent premium discount under the
employer's workers' compensation insurance policy. (b) For each policy of workers' compensation
insurance issued or renewed in the state on and after July 1, 1996, there shall be granted
by the insurer a five percent reduction in the premium for the policy if the insured has been
certified by the Department of Labor, Workers' Compensation Division, as having a drug-free
workplace program which complies with the requirements of this article and has notified its
insurer in writing of the certification. (c)(1) The premium discount provided by this section
shall be applied to an insured's policy of workers' compensation insurance pro rata as of
the date the insured receives certification by the Department of Labor,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-5-332.htm - 3K - Match Info - Similar pages
27-14-11
Section 27-14-11 Contents of policies - Generally. (a) Every policy shall specify: (1) The
names of the parties to the contract; (2) The subject of the insurance; (3) The risks insured
against; (4) The time when the insurance thereunder takes effect and the period during which
the insurance is to continue; (5) The premium; and (6) The conditions pertaining to the insurance.
(b) If under the policy the exact amount of premium is determinable only at stated intervals
or termination of the contract, a statement of the basis and rates upon which the premium
is to be determined and paid shall be included. (c) This section shall not apply as to surety
contracts or to group insurance policies. (Acts 1971, No. 407, p. 707, §324.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-14-11.htm - 1K - Match Info - Similar pages
27-51-1
Section 27-51-1 Payment for services of licensed physician assistant. (a) An insurance policy
or contract providing for third-party payment or prepayment of health or medical expenses
shall include a provision for the payment to a supervising physician for necessary medical
or surgical services that are provided by a licensed physician assistant practicing under
the supervision of the physician, and pursuant to the rules, regulations, and parameters for
physician assistants, if the policy or contract pays for the same care and treatment provided
by a licensed physician or doctor of osteopathy. (b) An insurance policy or contract subject
to this section shall not impose a practice or supervision restriction which is inconsistent
with or more restrictive than provided by law. (c) This section shall apply to services provided
under a policy or contract delivered, continued, or renewed in this state on or after August
1, 1997, and to any existing policy or contract, on the policy's or...
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27-56-7
Section 27-56-7 Applicability to certain providers. (a) This chapter does not require and shall
not be construed to require any insurance policy, plan, or contract to provide health care
coverage for eye care. The provisions of this chapter are applicable only to those insurance
policies, plans, or contracts which provide coverage for eye care. (b) Insurers or other issuers
of any insurance policy, plan, or contract which provides coverage for eye care shall continue
to be able to establish and apply selection criteria and utilization protocols for health
care providers as well as credentialing criteria used in the selection of providers. (c) This
chapter does not require and shall not be construed to require the coverage of eye care services
by providers who are not designated as covered providers, or who are not selected as participating
providers, by an insurance policy, plan, or contract, or the issuer thereof having a participating
network of service providers. Provided, however,...
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27-17A-3
Section 27-17A-3 Funding of preneed contracts; premium payments; commissions; preneed seller
as beneficiary or assignee. (a) Nothing in this chapter shall be construed to prohibit the
funding of preneed contracts with multiple insurance or annuity contracts. Life insurance
and annuity contracts used to fund preneed contracts shall conform with the provisions of
this title as they relate to life insurance and annuities and shall cover not less than the
initial retail price of the preneed contract. (b) The initial premium payment for a life insurance
policy or annuity contract shall be made payable to the issuing insurance company and the
preneed seller shall remit the payment to the insurance company within 10 business days after
the insurance application is signed by the parties. If a preneed contract provides for installment
payments, each premium payment shall be made payable to the insurance company and, if collected
by the preneed seller, shall be remitted to the insurance company...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-17A-3.htm - 2K - Match Info - Similar pages
27-14-10
Section 27-14-10 Standard or uniform provisions; waiver or substitution thereof. (a) Insurance
contracts shall contain such standard or uniform provisions as are required by the applicable
provisions of this title pertaining to contracts of particular kinds of insurance; however,
the commissioner may waive the required use of a particular provision in a particular insurance
policy form if: (1) He finds such provision unnecessary for the protection of the insured
or inconsistent with the purposes of the policy; and (2) The policy is otherwise approved
by him. (b) No policy shall contain any provision inconsistent with, or contradictory to,
any standard or uniform provision used or required to be used, but the commissioner may approve
any substitute provision which is, in his opinion, not less favorable in any particular to
the insured or beneficiary than the provisions otherwise required. (c) In lieu of the provisions
required by this title for contracts for particular kinds of...
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27-16-17
Section 27-16-17 Policy provisions - Prohibited provisions. No policy of industrial life insurance
shall contain any of the following provisions: (1) A provision by which the insurer may deny
liability under the policy for the reason that the insured has previously obtained other insurance
from the same insurer; (2) A provision giving the insurer the right to declare the policy
void because the insured has had any disease or ailment, whether specified or not, or because
the insured has received institutional, hospital, medical, or surgical treatment or attention,
except a provision which gives the insurer the right to declare the policy void if the insured
has, within two years prior to the issuance of the policy, received institutional, hospital,
medical, or surgical treatment or attention and if the insured or claimant under the policy
fails to show that the condition occasioning such treatment or attention was not of a serious
nature or was not material to the risk; or (3) A...
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