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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. - (a) No life insurance or annuity policy or contract shall...
Section 38a-431. (Formerly Sec. 38-153). - Group insurance. - Any life insurance company may issue life or endowment insurance,...
Section 38a-432. (Formerly Sec. 38-154). - Annuities. - Any domestic insurance company empowered to make contracts contingent upon...
Section 38a-432a. - Regulations concerning consumer annuity transactions. - The Insurance Commissioner shall adopt regulations, in accordance with chapter...
Section 38a-432b. - Regulations concerning solicitation and sale of life insurance and annuities to senior citizens. Disciplinary action. - (a) The Insurance Commissioner shall adopt regulations, in accordance with...
Section 38a-433. (Formerly Sec. 38-154a). - Life insurance or annuities payable in fixed or variable amounts. Accumulation of funds pursuant to funding agreements. - (a) A domestic life insurance company, including for the purposes...
Section 38a-434. (Formerly Sec. 38-155). - Insurance against accident and disease. - Any domestic insurance company empowered to make contracts contingent upon...
Section 38a-435. (Formerly Sec. 38-147a). - Regulations re replacement of or borrowing on life insurance products, policies or contracts. - The Insurance Commissioner may make regulations governing the sale or...
Section 38a-436. (Formerly Sec. 38-157a). - Notice of voidability of individual insurance contracts. Procedure. Time limit. - Every individual life insurance policy delivered or issued for delivery...
Section 38a-436a. - Designation of third party to receive cancellation notices of individual life insurance policies. - (a) Each insurer that delivers or issues for delivery an...
Section 38a-437. (Formerly Sec. 38-158). - Copy of application to be furnished. - (a) Each person within this state holding a policy of...
Section 38a-438. (Formerly Sec. 38-130b). - Short title: Standard Nonforfeiture Law. - Sections 38a-438 to 38a-440, inclusive, shall be known as the...
Section 38a-439. (Formerly Sec. 38-130c). - Minimum nonforfeiture benefits for life insurance policyholders who default in premium payments. Cash surrender value. - (a) In the case of policies issued on and after...
Section 38a-440. (Formerly Sec. 38-130d). - Minimum nonforfeiture benefits for annuity contract holders upon cessation of payment of considerations under a contract. - (a) This section shall not apply to any reinsurance, group...
Section 38a-441. (Formerly Sec. 38-159c). - Notice to insured when life insurance policy paid up. - Any insurance company doing the business of life insurance in...
Section 38a-442. (Formerly Sec. 38-156). - Dating back of policies prohibited. - No policy of life insurance shall be issued or delivered...
Section 38a-443. (Formerly Sec. 38-147). - Premium notes. - A company may take premium notes, or give credit for...
Section 38a-444. (Formerly Sec. 38-147b). - Life insurance policy loans. Interest rate allowable. - (a) For purposes of this section: (1) “Policy” means all...
Section 38a-445. (Formerly Sec. 38-160). - Deferring the granting of loans and surrender values. - No policy of life or endowment insurance shall be issued...
Section 38a-446. (Formerly Sec. 38-149). - Discrimination in favor of individuals prohibited. - No life insurance company doing business in this state shall...
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. - No life insurance company doing business in this state may:...
Section 38a-447a. - Exclusion of coverage on the basis of naloxone prescription prohibited. - Notwithstanding any provision of the general statutes, no life insurance...
Section 38a-448 and 38a-449. (Formerly Secs. 38-151 and 38-152). - Affidavit of examining physician. - Sections 38a-448 and 38a-449 are repealed. (1949 Rev., S. 6141,...
Section 38a-450. (Formerly Sec. 38-159). - Certain corporations and associations may be made beneficiaries. - Any life insurance company doing business within the state may...
Section 38a-451. (Formerly Sec. 38-159a). - Trustee as beneficiary of policy. - (a) Unless prohibited by the policy there may be designated,...
Section 38a-452. (Formerly Sec. 38-159b). - Payment of interest on life insurance death benefits. - (a) In the event an action to recover the proceeds...
Section 38a-453. (Formerly Sec. 38-161). - Rights of creditors of insured against beneficiary. - (a) The beneficiary of any life insurance policy, being a...
Section 38a-454. (Formerly Sec. 38-162). - Proceeds of insurance policies and annuities may be held in trust. - Any domestic life insurance company shall have power to hold...
Section 38a-455. - Assignment of incidents of ownership under group life policy. - Any person whose life is insured under any policy of...
Section 38a-456. - Notice of cancellation or discontinuation of group life insurance coverage. Penalty. - (a) Any individual, partnership, corporation or unincorporated association providing group...
Section 38a-457. - Accelerated benefits of life insurance policies. - (a) As used in this section: (1) “Accelerated benefits” means...
Section 38a-458. - Life insurance policies and annuities providing long-term care benefits. Regulations. - (a) Provided such company is licensed for both life and...
Section 38a-458a. - Option for certain insurers to combine long-term care coverage with certain life, endowment or annuity coverages. - Section 38a-458a is repealed, effective October 1, 2013. (P.A. 00-34,...
Section 38a-459. (Formerly Sec. 38-33a). - Funding agreements by domestic life insurance companies. Establishment of companies' obligations. Segregation of moneys. - (a) Notwithstanding any inconsistent provision in its charter, any domestic...
Section 38a-460. - Accumulation fund arrangements. Definition. - (a) Any domestic life insurance company may provide accumulation fund...
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. - No life insurance company doing business in this state may:...
Section 38a-464. (Formerly Sec. 38-32). - Burial contracts; license from Insurance Commissioner. - A “burial contract” or “burial certificate”, within the meaning of...
Section 38a-465. - Definitions. - As used in sections 38a-465 to 38a-465q, inclusive, and subdivision...
Section 38a-465a. - Licensing of life settlement providers and brokers. - (a) Except as otherwise provided in this part, no person...
Section 38a-465b. - Denial, suspension or revocation of license. Refusal to renew license. Appeals. - (a) The commissioner may deny a license application, or suspend,...
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. - (a) No person shall use any form of life settlement...
Section 38a-465d. - Annual statements. Penalty. Confidentiality of insured's information. Reasons for disclosure of insured's identity. - (a) On or before March first of each year, each...
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. - (a) When the commissioner deems it reasonably necessary to protect...
Section 38a-465f. - Required disclosures. - (a) The provider or broker shall provide, in writing, in...
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... - Before entering into a life settlement contract with any owner...
Section 38a-465h. - Premium finance loans. Disclosures and certifications. - (a) Without limiting the ability of an insurer to assess...
Section 38a-465i. - Violations. - (a) It shall be a violation of this part for...
Section 38a-465j. - Fraudulent life settlement acts prohibited. Confidentiality of documents and evidence. Antifraud plans. - (a)(1) A person shall not commit a fraudulent life settlement...
Section 38a-465k. - Injunctions. Cease and desist orders. Damages. - (a) In addition to the penalties and other enforcement provisions...
Section 38a-465l. - Penalties. - (a) It shall be a violation of this part for...
Section 38a-465m. - Regulations. Imposition of bond or other mechanism as proof of financial accountability. Conflict of laws. - (a) The commissioner may adopt regulations, in accordance with the...
Section 38a-465n. - Life settlement advertisements. - (a) Each person licensed pursuant to this part may conduct...
Section 38a-465o. - Life settlement broker deemed to represent only the owner. Fiduciary duty to owner. - Notwithstanding the manner in which the life settlement broker is...
Section 38a-465p. - Provider or broker lawfully transacting business in the state or person lawfully negotiating life settlement contracts prior to October 1, 2008. - (a) Any provider or broker lawfully transacting business in this...
Section 38a-465q. - Related provider trusts. - A related provider trust shall have a written agreement with...