§ 27-25-16. Benefits.
(a) A society may provide the following contractual benefits in any form:
(1) Death benefits;
(2) Endowment benefits;
(3) Annuity benefits;
(4) Temporary or permanent disability benefits;
(5) Hospital, medical, or nursing benefits;
(6) Monument or tombstone benefits to the memory of deceased members; and
(7) Any other benefits authorized for life insurers and which are not inconsistent with this chapter.
(b) A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in subsection (a) of this section, consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.
History of Section.P.L. 1984, ch. 201, § 2.
Structure Rhode Island General Laws
Chapter 27-25 - Rhode Island Fraternal Code
Section 27-25-1. - Fraternal benefit societies.
Section 27-25-2. - Lodge system.
Section 27-25-3. - Representative form of government.
Section 27-25-4. - Definitions.
Section 27-25-5. - Purposes and powers.
Section 27-25-6. - Qualifications for membership.
Section 27-25-8. - No personal liability.
Section 27-25-10. - Organization.
Section 27-25-11. - Amendments to laws.
Section 27-25-12. - Institutions.
Section 27-25-13. - Reinsurance.
Section 27-25-14. - Consolidations and mergers.
Section 27-25-15. - Conversion of fraternal benefit society into mutual life insurance company.
Section 27-25-17. - Beneficiaries.
Section 27-25-18. - Benefits not attachable.
Section 27-25-19. - The benefit contract.
Section 27-25-21. - Investments.
Section 27-25-23. - Exemptions.
Section 27-25-25. - Valuation.
Section 27-25-27. - Annual license.
Section 27-25-28. - Examination of societies — No adverse publication.
Section 27-25-29. - Foreign or alien society — Admission.
Section 27-25-30. - Injunction — Liquidation — Receivership of domestic society.
Section 27-25-31. - Suspension, revocation, or refusal of license of foreign or alien society.
Section 27-25-32. - Injunction.
Section 27-25-33. - Licensing of insurance producers.
Section 27-25-34. - Unfair methods of competition and unfair and deceptive acts and practices.
Section 27-25-35. - Service of process.
Section 27-25-37. - Penalties.
Section 27-25-38. - Exemption of certain societies.
Section 27-25-39. - Reciprocal fees and charges.
Section 27-25-40. - Payments of commissions to other than agent or insurance producer forbidden.
Section 27-25-41. - Payment of benefits other than insurance benefits.
Section 27-25-42. - Severability.