La. Admin. Code tit. 37 § XIII-1505

Current through Register Vol. 50, No. 11, November 20, 2024

Section XIII-1505 - Type of Product

A. Accelerated benefit riders and life insurance policies with accelerated benefit provisions are primarily mortality risks rather than morbidity risks. They are life insurance benefits subject to R.S. 22:161-181; 22:191-197; and the applicable portions of Part XIV, (22:611-672).

La. Admin. Code tit. 37, § XIII-1505

Promulgated by the Department of Insurance, Office of the Commissioner, LR 18:1409 (December 1992).

AUTHORITY NOTE: Promulgated in accordance with R.S. 22:644.