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27-17-9
Section 27-17-9 Policy provisions - Furnishing of merchandise and services - Cash benefit
in lieu thereof. There shall be a provision that if the death of the insured or, if a vault
or monument policy, the burial of the insured occurs outside the State of Alabama or at a
greater distance from an authorized funeral director or monument dealer of the insurer than
that specified in Section 27-17-8, the insurer will, in lieu of furnishing such merchandise
and services, pay a cash benefit of not less than one half of the specified retail value of
the merchandise and services provided in the policy; provided, however, that the insurer may
provide for a reduced benefit as to an insured less than one year of age at death. The policy
may contain a provision for the payment of such cash benefit at the option of the insurer
under any other circumstances where it is impractical for any reason to furnish the merchandise
and services provided by the policy. (Acts 1971, No. 407, p. 707, §400.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-17-9.htm - 1K - Match Info - Similar pages
27-17-7
Section 27-17-7 Policy provisions - Authorized funeral director or monument dealer.
There shall be a provision that the insurer has contracted with and appointed an authorized
funeral director or monument dealer in this state to furnish the merchandise and services
provided by the policy. The policy may also provide that the term "authorized funeral
director" or "authorized monument dealer" shall mean a funeral director or
monument dealer authorized by the insurer at the time of the insured's death. (Acts 1971,
No. 407, p. 707, §398.)...
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27-17A-2
Section 27-17A-2 Definitions. As used in this chapter, the following terms shall have
the following meanings: (1) ALTERNATIVE CONTAINER. A nonmetal receptacle or enclosure, without
ornamentation or a fixed interior lining, which is designed for the encasement of human remains
and which is made of cardboard, pressed-wood, composition materials (with or without an outside
covering), or pouches of canvas or other materials. (2) ARRANGEMENT CONFERENCE. The meeting
occurring either at need or preneed between the seller and the purchaser during which funeral
or cemetery merchandise and services are discussed. (3) ARRANGEMENT CONFERENCE FEE. The charge
to the purchaser in conjunction with the arrangement conference. (4) AT NEED. At the time
of death, or immediately following death. (5) AUTHORIZING AGENT. One who is lawfully authorized
to control the final disposition of human remains. (6) BELOW-GROUND CRYPT. A preplaced enclosed
chamber, which is usually constructed of reinforced concrete,...
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27-1-17
Section 27-1-17 Limitation periods for payment of claims; overdue claims; retroactive
denials, adjustments, etc.; penalties. (a) Each insurer, health service corporation, and health
benefit plan that issues or renews any policy of accident or health insurance providing benefits
for medical or hospital expenses for its insured persons shall pay for services rendered by
Alabama health care providers within 45 calendar days upon receipt of a clean written claim
or 30 calendar days upon receipt of a clean electronic claim. If the insurer, health service
corporation, or health benefit plan is denying or pending the claim, the insurer, health service
corporation, or health benefit plan shall, within 45 calendar days for a written claim and
30 calendar days for an electronic claim, notify the health care provider or certificate holder
of the reason for denying or pending the claim and what, if any, additional information is
required to process the claim. Any undisputed portion of the claim...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-1-17.htm - 17K - Match Info - Similar pages
27-19-103
Section 27-19-103 Definitions. Unless the context requires otherwise, the definitions
in this section apply throughout this article. (1) APPLICANT. In the case of: a. An
individual long-term care insurance policy, the person who seeks to contract for benefits.
b. A group long-term care insurance policy, the proposed certificate holder. (2) CERTIFICATE.
Any certificate issued under a group long-term care insurance policy, which policy has been
delivered or issued for delivery in this state. (3) COMMISSIONER. The Alabama Commissioner
of Insurance. (4) GROUP LONG-TERM CARE INSURANCE. A long-term care insurance policy which
is delivered or issued for delivery in this state and issued to any of the following: a. One
or more employers or labor organizations, or to a trust or to the trustees of a fund established
by one or more employers or labor organizations, or a combination thereof, for employees or
former employees or a combination thereof, or for members or former members or a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-19-103.htm - 9K - Match Info - Similar pages
27-19-105
Section 27-19-105 Regulations for long-term care policies; outline of coverage, policy
summary, and monthly report. (a) The commissioner may adopt regulations that include standards
for full and fair disclosure setting forth the manner, content, and required disclosures for
the sale of long-term care insurance policies, terms of renewability, initial and subsequent
conditions of eligibility, nonduplication of coverage provisions, coverage of dependents,
preexisting conditions, termination of insurance, continuation or conversion, probationary
periods, limitations, exceptions, reductions, elimination periods, requirements for replacement,
recurrent conditions, and definitions of terms. Regulations under this subsection should recognize
the developing and unique nature of long-term care insurance and the distinction between group
and individual long-term insurance policies. (b) No long-term care insurance policy may do
any of the following: (1) Be cancelled, nonrenewed, or otherwise...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-19-105.htm - 11K - Match Info - Similar pages
27-44-3
Section 27-44-3 Scope of chapter. (a) This chapter shall provide coverage for the policies
and contracts specified in subsection (b) as follows: (1) To persons who, regardless of where
they reside (except for non-resident certificate holders under group policies or contracts),
are the beneficiaries, assignees, or payees of the persons covered under subdivision (2).
(2) To persons who are owners of or certificate holders under the policies or contracts, other
than structured settlement annuities, and in each case who are either of the following: a.
Residents b. Not residents, but only under all of the following conditions: 1. The insurer
that issued the policies or contracts is domiciled in this state. 2. The states in which the
persons reside have associations similar to the association created by this chapter. 3. The
persons are not eligible for coverage by an association in any other state due to the fact
the insurer was not licensed in the state at the time specified in the state's...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-3.htm - 12K - Match Info - Similar pages
35-12-72
Section 35-12-72 Presumption of abandonment. (a) Property is presumed abandoned if it
is unclaimed by the apparent owner during the time set forth below for the particular property:
(1) Traveler's checks, 15 years after issuance. (2) Money order, five years after issuance.
(3) A demand, savings, or time deposit including a deposit that is automatically renewable,
three years after the earlier of maturity, as extended from time to time, or the date of the
last indication by the apparent owner of interest in the property. (4) Tangible and intangible
property held in a safe deposit box or other safekeeping depository in this state in the ordinary
course of the holder's business and proceeds resulting from the sale of the property permitted
by other law, three years after expiration of the lease or rental period on the box or other
depository. (5) Money or credits owed to a customer as a result of a retail business transaction,
one year after the obligation accrued. (6) Property in an...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-12-72.htm - 8K - Match Info - Similar pages
27-17-13
Section 27-17-13 Policy provisions - Nonforfeiture benefits and cash surrender values.
There shall be provisions for nonforfeiture benefits and cash surrender values as required
by Section 27-15-28; except, that, with respect to benefits provided in the form of
funeral or monument merchandise and services, the required minimum cash surrender values shall
be two thirds of the cash surrender values which would be required for a cash life insurance
policy having a face amount equal to the cash benefit provided in accordance with Section
27-17-9. (Acts 1971, No. 407, p. 707, §404.)...
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27-17-8
Section 27-17-8 Policy provisions - Furnishing of merchandise and services - Generally.
There shall be a provision that if the death of the insured or, if a vault or monument policy,
the burial of the insured occurs within the State of Alabama and within a specified distance
from an authorized funeral director or monument dealer of the insurer, the merchandise and
services provided by the policy shall be furnished by such authorized funeral director or
monument dealer upon the request of the beneficiary or other person having authority to make
funeral arrangements. (Acts 1971, No. 407, p. 707, §399.)...
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