Alaska Statutes 21.42.090 – Application required, life and health insurance
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A life or health insurance contract upon an individual, except a contract of group life insurance or of group or blanket health insurance, may not be made or effectuated unless at the time of the making of the contract the individual insured, being of competent legal capacity to contract, applies for the contract or has consented to it in writing, except in the following cases:
Terms Used In Alaska Statutes 21.42.090
- Contract: A legal written agreement that becomes binding when signed.
- Dependent: A person dependent for support upon another.
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
- writing: includes printing. See Alaska Statutes 01.10.060