Connecticut General Statutes
Chapter 700b - Life Insurance, Annuities, Burial Contracts and Life Settlements
Section 38a-448 and 38a-449. (Formerly Secs. 38-151 and 38-152). - Affidavit of examining physician.

Connecticut General Statutes

Title 38a - Insurance

Chapter 700b - Life Insurance, Annuities, Burial Contracts and Life Settlements

Section 38a-430. (Formerly Sec. 38-135a). - Approval of form of life insurance and annuity policies and contracts. War or military service coverage exclusion prohibited. Optional health insurance riders.

Section 38a-431. (Formerly Sec. 38-153). - Group insurance.

Section 38a-432. (Formerly Sec. 38-154). - Annuities.

Section 38a-432a. - Regulations concerning consumer annuity transactions.

Section 38a-432b. - Regulations concerning solicitation and sale of life insurance and annuities to senior citizens. Disciplinary action.

Section 38a-433. (Formerly Sec. 38-154a). - Life insurance or annuities payable in fixed or variable amounts. Accumulation of funds pursuant to funding agreements.

Section 38a-434. (Formerly Sec. 38-155). - Insurance against accident and disease.

Section 38a-435. (Formerly Sec. 38-147a). - Regulations re replacement of or borrowing on life insurance products, policies or contracts.

Section 38a-436. (Formerly Sec. 38-157a). - Notice of voidability of individual insurance contracts. Procedure. Time limit.

Section 38a-436a. - Designation of third party to receive cancellation notices of individual life insurance policies.

Section 38a-437. (Formerly Sec. 38-158). - Copy of application to be furnished.

Section 38a-438. (Formerly Sec. 38-130b). - Short title: Standard Nonforfeiture Law.

Section 38a-439. (Formerly Sec. 38-130c). - Minimum nonforfeiture benefits for life insurance policyholders who default in premium payments. Cash surrender value.

Section 38a-440. (Formerly Sec. 38-130d). - Minimum nonforfeiture benefits for annuity contract holders upon cessation of payment of considerations under a contract.

Section 38a-441. (Formerly Sec. 38-159c). - Notice to insured when life insurance policy paid up.

Section 38a-442. (Formerly Sec. 38-156). - Dating back of policies prohibited.

Section 38a-443. (Formerly Sec. 38-147). - Premium notes.

Section 38a-444. (Formerly Sec. 38-147b). - Life insurance policy loans. Interest rate allowable.

Section 38a-445. (Formerly Sec. 38-160). - Deferring the granting of loans and surrender values.

Section 38a-446. (Formerly Sec. 38-149). - Discrimination in favor of individuals prohibited.

Section 38a-447. (Formerly Sec. 38-150). - Discrimination against persons on the basis of race, sexual orientation, gender identity, status as a victim of domestic violence or erased criminal history record information prohibited.

Section 38a-447a. - Exclusion of coverage on the basis of naloxone prescription prohibited.

Section 38a-448 and 38a-449. (Formerly Secs. 38-151 and 38-152). - Affidavit of examining physician.

Section 38a-450. (Formerly Sec. 38-159). - Certain corporations and associations may be made beneficiaries.

Section 38a-451. (Formerly Sec. 38-159a). - Trustee as beneficiary of policy.

Section 38a-452. (Formerly Sec. 38-159b). - Payment of interest on life insurance death benefits.

Section 38a-453. (Formerly Sec. 38-161). - Rights of creditors of insured against beneficiary.

Section 38a-454. (Formerly Sec. 38-162). - Proceeds of insurance policies and annuities may be held in trust.

Section 38a-455. - Assignment of incidents of ownership under group life policy.

Section 38a-456. - Notice of cancellation or discontinuation of group life insurance coverage. Penalty.

Section 38a-457. - Accelerated benefits of life insurance policies.

Section 38a-458. - Life insurance policies and annuities providing long-term care benefits. Regulations.

Section 38a-458a. - Option for certain insurers to combine long-term care coverage with certain life, endowment or annuity coverages.

Section 38a-459. (Formerly Sec. 38-33a). - Funding agreements by domestic life insurance companies. Establishment of companies' obligations. Segregation of moneys.

Section 38a-460. - Accumulation fund arrangements. Definition.

Section 38a-447. (Formerly Sec. 38-150). *(See end of section for - Discrimination against persons on the basis of race, sexual orientation, gender identity, or status as a victim of domestic violence prohibited.

Section 38a-464. (Formerly Sec. 38-32). - Burial contracts; license from Insurance Commissioner.

Section 38a-465. - Definitions.

Section 38a-465a. - Licensing of life settlement providers and brokers.

Section 38a-465b. - Denial, suspension or revocation of license. Refusal to renew license. Appeals.

Section 38a-465c. - Contract form and disclosure statements. Filing and approval requirements. Disclosure of life settlement contract availability and lawful assignment not to be prohibited.

Section 38a-465d. - Annual statements. Penalty. Confidentiality of insured's information. Reasons for disclosure of insured's identity.

Section 38a-465e. - Examination of licensees and applicants. Commissioner's access to records. Retention of records. Expenses of examination. Confidentiality of examination workpapers and reports.

Section 38a-465f. - Required disclosures.

Section 38a-465g. - Prerequisites to a life settlement contract wherein insured is terminally or chronically ill. Medical release and confidentiality of medical information. Verification of coverage. Notice to insurer. Change of ownership or benefici...

Section 38a-465h. - Premium finance loans. Disclosures and certifications.

Section 38a-465i. - Violations.

Section 38a-465j. - Fraudulent life settlement acts prohibited. Confidentiality of documents and evidence. Antifraud plans.

Section 38a-465k. - Injunctions. Cease and desist orders. Damages.

Section 38a-465l. - Penalties.

Section 38a-465m. - Regulations. Imposition of bond or other mechanism as proof of financial accountability. Conflict of laws.

Section 38a-465n. - Life settlement advertisements.

Section 38a-465o. - Life settlement broker deemed to represent only the owner. Fiduciary duty to owner.

Section 38a-465p. - Provider or broker lawfully transacting business in the state or person lawfully negotiating life settlement contracts prior to October 1, 2008.

Section 38a-465q. - Related provider trusts.