Kan. Admin. Regs. § 40-2-8

Current through Register Vol. 44, No. 1, January 2, 2025

Section 40-2-8 - Life insurance policies; premium deposit fund provisions; requirements

Premium deposit fund provisions shall not be included in or attached to life insurance contracts issued in this state unless:

(a) The provisions allow withdrawal of all or any part of the fund at the request of the policy owner; and

(b) the withdrawal may be effected not later than the next succeeding policy anniversary date.

Kan. Admin. Regs. § 40-2-8

Authorized by K.S.A. 40-103; implementing K.S.A. 40-401; effective Jan. 1, 1966; amended May 1, 1986; amended May 1, 1987.