3 Alaska Admin. Code § 21.580

Current through September 25, 2024

Section 3 AAC 21.580 - Definition

In AS 21.09.210(m) "individual life insurance" means a life insurance policy on the life of one individual or the lives of more than one individual for estate planning purposes that

(1) may not be a key person insurance policy or part of a group life insurance policy;

(2) may not include the insured's employer as a beneficiary.

3 AAC 21.580

6/5/2019, Register 230, May 2019

Authority:AS 21.34.190

AS 21.09.210