The group life insurance policy shall contain a provision that any sum becoming due by reason of the death of the person insured shall be payable to the beneficiary designated by the person insured, subject to the provisions of the policy in the event there is no designated beneficiary as to all, or any part, of such sum living at the death of the person insured, and subject to any right reserved by the insurer in the policy and set forth in the certificate to pay at its option a part of such sum not exceeding $500.00 to any person appearing to the insurer to be equitably entitled thereto by reason of having incurred funeral or other expenses incident to the last illness or death of the person insured.
Structure Code of Alabama
Chapter 18 - Group Life Insurance.
Section 27-18-1 - Applicability of Chapter.
Section 27-18-2 - Policy Provisions - Generally.
Section 27-18-3 - Policy Provisions - Grace Period.
Section 27-18-4 - Policy Provisions - Incontestability.
Section 27-18-5 - Policy Provisions - Copy of Application; Representations; Statements as Evidence.
Section 27-18-6 - Policy Provisions - Insurability.
Section 27-18-7 - Policy Provisions - Adjustment of Premiums And/or Benefits.
Section 27-18-8 - Policy Provisions - Furnishing of Statement to Debtors.
Section 27-18-9 - Policy Provisions - Payment of Benefits.
Section 27-18-10 - Policy Provisions - Individual Certificates.
Section 27-18-11 - Policy Provisions - Conversion - Termination of Eligibility.
Section 27-18-12 - Policy Provisions - Conversion - Termination of Policy.
Section 27-18-13 - Policy Provisions - Conversion - Death During Conversion Period.
Section 27-18-14 - Notice as to Conversion Rights.
Section 27-18-15 - Employee Life Insurance.
Section 27-18-16 - Assignment of Rights and Benefits Under Group Policies.