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27-43-6
Section 27-43-6 Insurers deemed eligible to transact legal expense insurance. (a) Any domestic,
foreign, or alien insurer authorized to transact casualty insurance or life, accident and
sickness insurance in this state may transact legal expense insurance in this state. (b) Legal
service insurance corporations possessing a valid certificate of authority may transact legal
expense insurance in this state. (Acts 1981, No. 81-719, p. 1214, §1; Acts 1984, No. 84-243,
p. 374, §1.)...
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19-3B-1305
Section 19-3B-1305 Trusts consisting of insurance policies or proceeds. Trusts consisting solely
of policies of life, health, accident, or disability insurance, or of the proceeds or avails
thereof, shall for the purpose of determining whether any law against perpetuities or suspension
of the power of alienation of title to property is applicable thereto be regarded as created
when the liability of the insurer accrues by reason of the occurrence of the event insured
against, whether or not a power to revoke the trust as to the policies was reserved during
the life of the insured and whether or not any beneficial interest in the policies is alienable
by the beneficiaries and whether or not the beneficiary or beneficiaries were in being at
the time of the creation of the trust. (Acts 1949, No. 265, p. 389; §35-4-260; Act 2006-216,
p. 314, §2.)...
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25-5-199
and benefits payable under article. The compensation payable for death or disability caused
by occupational exposure to radiation shall be computed in the same manner and in the same
amounts as provided in Article 3 of this chapter for computing compensation for disability
or death resulting from an accident arising out of and in the course of the employment, and
the medical, surgical, hospital, and burial benefits payable under this article caused by
said exposure shall be computed in the same manner and in the same amounts as provided in
Article 3 of this chapter for computing like benefits. The date of injury, as defined
in Section 25-5-197, shall be considered the date of the accident for determining the applicable
medical, surgical, and hospital benefits, the minimum and maximum weekly benefits and the
limitation on the total amount of compensation payable for occupational exposure to radiation.
(Acts 1967, No. 521, p. 1245; Acts 1975, 4th Ex. Sess., No. 86, p. 2729, §15.)...
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27-43-3
Section 27-43-3 Definitions. As used in this chapter, the following terms shall have the following
meanings, respectively, unless the context requires otherwise: (1) DEPARTMENT. The Department
of Insurance; (2) COMMISSIONER. The Commissioner of Insurance of this state; (3) INSURER.
Any person authorized to do a casualty insurance business or life, accident and sickness insurance
business as an insurer in this state and organizations authorized to transact legal expense
insurance under Section 27-43-8; (4) LEGAL EXPENSE INSURANCE. Such term means, irrespective
of the definition of insurance in other chapters under this title, the assumption of a contractual
obligation to pay for specific legal services or to reimburse for specific legal expenses,
in consideration of a specified payment in advance for an interval of time, regardless of
whether the payment is made by the beneficiaries individually or by a third person for them,
but does not include the provision of or reimbursement for...
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25-5-119
benefits payable under article. The compensation payable for death or disability caused by
an occupational disease, as defined in this article, shall be computed in the same manner
and in the same amounts as provided in Article 3 of this chapter for computing compensation
for disability or death resulting from an accident arising out of and in the course of the
employment and the medical, surgical, hospital, and burial benefits payable under this article
caused by said disease shall be computed in the same manner and in the same amounts as provided
in Article 3 of this chapter for computing like benefits. The date of injury, as defined
in Section 25-5-117, shall be considered the date of the accident for determining the applicable
medical, surgical, and hospital benefits, the minimum and maximum weekly benefits and the
limitation on the total amount of compensation payable for such occupational disease. (Acts
1971, No. 668, p. 1379; Acts 1975, 4th Ex. Sess., No. 86, p. 2729, §18.)...
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45-37A-51.226
Section 45-37A-51.226 Extraordinary disability allowance. (a) Extraordinary disability allowance
for participants joining the system prior to January 1, 1989. (1) In the event a participant
who joins the system prior to January 1, 1989, shall become totally disabled to perform his
or her customary duties by reason of personal injury received as a result of
an accident arising out of and in the course of his or her employment in the service and occurring
at a definite time and place, then in the event such total disability shall continue until
the participant ceases to draw salary as an employee of the city, such disabled participant
shall be entitled to a monthly allowance from the fund equal to 70 percent of his or her monthly
salary at the time of the accident which resulted in such total disability, subject to the
offset for any workers' compensation benefit or other such disability benefit payable by the
city as set forth hereafter. (2) Benefits payable hereunder shall commence...
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27-15-18
Section 27-15-18 Annuity and pure endowment contract provisions - Incontestability. If any
statements, other than those relating to age, sex, and identity, are required as a condition
to issuing an annuity or pure endowment contract, other than a reversionary, survivorship,
or group annuity and subject to Section 27-15-20, there shall be a provision that the contract
shall be incontestable after it has been in force during the lifetime of the person, or of
each of the persons, as to whom such statements are required for a period of two years from
its date of issue, except for nonpayment of stipulated payments to the insurer; and at the
option of the insurer, such contract may also except any provisions relative to benefits in
the event of disability and any provisions which grant insurance specifically against death
by accident or accidental means. (Acts 1971, No. 407, p. 707, §363.)...
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27-5-2
Section 27-5-2 "Life insurance" defined. "Life insurance" is insurance
on human lives. The transaction of life insurance includes also the granting of endowment
benefits, additional benefits in event of death or dismemberment by accident or accidental
means, additional benefits in event of the insured's disability, burial insurance, and optional
modes of settlement of proceeds of life insurance. Life insurance does not include workmen's
compensation coverages. (Acts 1971, No. 407, p. 707, §88.)...
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5-19-20
is required by the creditor, is not furnished by the debtor, and is purchased by the creditor,
then upon renewal, refinancing, or payment of the debt before the final maturity date, the
creditor shall refund or credit the debtor with that portion of the premium refunded by the
insurance carrier upon the termination of the insurance. (g) A creditor may not contract for
or receive a separate charge for insurance against loss of or damage to property or against
liability for property damage or personal injuries unless the original amount financed
exclusive of the charges for insurance is three hundred dollars ($300) or more and the value
of the property is three hundred dollars ($300) or more. (h) In no event shall the creditor
have any responsibility or liability for the failure to purchase any insurance permitted by
this section unless the creditor has affirmatively undertaken in writing to purchase the insurance.
(i) A creditor may offer and finance any other insurance in connection...
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27-50-3
Section 27-50-3 Health benefit plan. As used in this chapter, the term "health benefit
plan" has the following meaning: A health insurance policy, including a self-insured
health plan, that covers hospital, medical, or surgical expenses, health maintenance organizations,
preferred provider organizations, medical service organizations, physician-hospital organizations,
or any other person, firm, corporation, joint venture, or other similar business entity that
pays for, purchases, or furnishes health care services to patients, insureds, or beneficiaries
in this state. The term does not include accident-only, specified disease, individual hospital
indemnity, credit, dental-only, Medicare-supplement, long-term care, or disability income
insurance; coverage issued as a supplement to liability insurance, workers' compensation or
similar insurance; or automobile medical-payment insurance. For the purpose of this chapter,
a health benefit plan located or domiciled outside of the State of...
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