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Title 3 . Commerce, Community, and Economic Development
Chapter 28 . Miscellaneous
Section 805.849

3 AAC 28.805. Applicability and scope of 3 AAC 28.800 - 3 AAC 28.849

(a) 3 AAC 28.800 - 3 AAC 28.849 apply to all group and individual life insurance policies and certificates except

(1) variable life insurance;

(2) individual and group annuity contracts;

(3) credit life insurance under AS 21.57; and

(4) individual and group life insurance policies that have death benefits of no more than $10,000 per individual.

(b) A life insurance policy or certificate is not exempt from 3 AAC 28.800 - 3 AAC 28.849 merely for the reason that a rider, endorsement, or other provision of the policy or certificate contains an element that is not subject to the requirements of 3 AAC 28.800 - 3 AAC 28.849.

History: Eff. 9/1/98, Register 147

Authority: AS 21.06.090

AS 21.36.020

AS 21.36.030

AS 21.36.150

AS 21.42.120

AS 21.42.130


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Last modified 7/05/2006