Kansas Statutes
Article 4 - General Provisions Relating To Life Insurance Companies
40-4,201 Unclaimed life insurance benefits act; citation.

40-4,201. Unclaimed life insurance benefits act; citation. On and after July 1, 2019, the provisions of K.S.A. 40-4,201 through 40-4,203, and amendments thereto, shall be known and may be cited as the unclaimed life insurance benefits act.
History: L. 2019, ch. 54, ยง 1; May 9.

Structure Kansas Statutes

Kansas Statutes

Chapter 40 - Insurance

Article 4 - General Provisions Relating To Life Insurance Companies

40-401 Formation of company on stock or mutual plan; powers of companies; combination policies; specified disease and critical illness riders; organizational requirements; guaranty funds; deposits with joint custodians; withdrawals, when; paid-up cap...

40-402 Paid-up capital stock, surplus; deposit of securities.

40-403b Same; foreign companies.

40-409 Valuation of policies; compensation of actuary; standard valuation law; commissioners' reserve valuation method; lapse rates; aggregate reserves; calculations; Kansas companies doing business in another state; annual opinion by actuary on rese...

40-410 Cancellation of policy for nonpayment of premiums; notice, when; policyowner defined.

40-411 Notice of intention to cancel policy for nonpayment of premium; time for payment.

40-412 When action to be maintained on insurance contract.

40-413 Death of beneficiary in policy; duties of insurance company.

40-414 Exemption of interests in policies; exceptions.

40-414a Trust provisions in contracts; restrictions on alienation; exemptions.

40-415 Insurance to go to estate of insured when beneficiary dies before insured.

40-416 Subsequent agreements.

40-417 Fraud and perjury; penalty.

40-418 Materiality of misrepresentation in obtaining policy.

40-419 Tender of premiums with defense of misrepresentation.

40-419a Refund upon cancellation of individual term policy; calculation.

40-420 Contents of insurance policy; exceptions.

40-420a Policy loan interest rates; purpose.

40-420b Same; definitions.

40-420c Same; methods to determine interest rates; definitions.

40-420d Same; applicability to policies.

40-421 Provisions insurance policy not to contain.

40-422 Industrial life insurance; definitions.

40-423 Same; contents of industrial life insurance policy; exceptions; surrender.

40-424 Same; designation of beneficiary; change of; payments.

40-425 Same; cash surrender value and value of stipulated form to be equal.

40-426 Same; commissioner may authorize policies more favorable.

40-427 Nonforfeiture benefits and cash surrender values in life policies issued prior to the operative date of 40-428.

40-428 Standard nonforfeiture law.

40-429 Loan provisions in policies.

40-431 Definition of due date for the payment of premiums and of when premium in default.

40-432 Invalidity of part.

40-433 Group life insurance; types of policies and requirements.

40-433a Same; provision granting employee right of assignment of benefits.

40-434 Same; policy provisions required.

40-435 Same; conversion privileges; notice.

40-436 Establishment of separate accounts; investment and handling; contracts for benefits in variable amounts; limitation and regulation of issuance; authority of commissioner; rules and regulations.

40-437 Same; application of other laws; variable life contracts, provisions required; reserve liability requirements.

40-438 Same; severability.

40-439 Assignment of rights and privileges under life and accident and health insurance policies.

40-440 Same; act acknowledges existing right of assignment.

40-441 Designation of trustee under will as beneficiary of life insurance policy.

40-442 Issuance of life insurance policy; filing of form prior to issuance.

40-443 Same; approval of commissioner.

40-444 Same; disapproval of policy form; notice, requirements; hearing.

40-445 Same; withdrawal of approval; notice and hearing; unlawful for insurer to issue or use such form.

40-447 Payment of life insurance proceeds; interest required to be paid, when.

40-448 Transfer of domicile of domestic company; approval of commissioner; admittance as foreign insurer; deposit of securities; certificate of secretary of state; continuation of existing authority and policies; nonrecognition of transfer for certai...

40-449 Policies covering debtors, replacement by creditor; limitation on contestation.

40-450 Life insurance; insurable interests; assignments to charitable, benevolent, educational and religious institutions.

40-451 Coverage temporarily effective, when; written receipt for premium may exclude, void or limit coverage; refund of unearned premium.

40-452 Life insurance; employer's insurable interest in employees; when.

40-453 Life insurance; insurable interest.

40-461 Structured settlement protection act; definitions.

40-462 Same; disclosure statement, contents.

40-463 Same; approval of transfer; required findings.

40-464 Same; discharge of structured settlement obligor and annuity issuer, when; liability of transferee.

40-465 Same; application for approval of transfer of structured settlement payment rights; procedure.

40-466 Same; limitations on provisions of transfer agreement.

40-467 Same; citation of act; applicability to workers compensation.

40-4,101 Standard nonforfeiture law for individual deferred annuities; citation of act.

40-4,102 Same; application.

40-4,103 Same; nonforfeiture requirements.

40-4,104 Same; minimum values; rules and regulations.

40-4,105 Same; computation of present value.

40-4,106 Same; calculation of cash surrender value.

40-4,107 Same; calculation of paid-up annuity benefits.

40-4,108 Same; maturity date.

40-4,109 Same; disclosure of death benefits.

40-4,110 Same; inclusion of lapse of time considerations.

40-4,111 Same; proration of values; additional benefits.

40-4,112 Same; rules and regulations.

40-4,113 Same; effective date.

40-4,201 Unclaimed life insurance benefits act; citation.

40-4,202 Same; definitions.

40-4,203 Same; comparison to death master file; determination of beneficiaries, process; escheat to state, when.