For the purpose of this code, unless the context otherwise requires, “industrial life insurance” is that form of life insurance written under policies of face amount of two thousand dollars ($2,000) or less bearing the words “industrial policy” imprinted on the face thereof as part of the descriptive matter and under which premiums are payable monthly or more often.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 82 - Industrial Life Insurance
§ 23-82-103. Application to term and specified insurance
§ 23-82-104. Policies prohibited
§ 23-82-105. Grace period provision
§ 23-82-106. Integrity of contract and application provision
§ 23-82-107. Incontestability provision
§ 23-82-108. Misstatement of age provision
§ 23-82-109. Dividend provision
§ 23-82-110. Nonforfeiture benefits and cash surrender value provisions
§ 23-82-111. Reinstatement provision
§ 23-82-112. Settlement provision
§ 23-82-113. Authority to alter contract provision
§ 23-82-114. Designation of beneficiary — Payment upon insured's death
§ 23-82-115. Direct payment of premiums provision