Connecticut General Statutes 38a-284 – Insurance contracts by minors
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Any minor of the age of fifteen years or more may, notwithstanding such minority, contract for life, health and accident insurance on such minor’s person for such minor’s benefit or for the benefit of such minor’s father, mother, spouse, child, brother or sister and may exercise all such contractual rights with respect to any such contract of insurance as might be exercised by a person of full legal age and may at any time surrender such minor’s interest in any such insurance or give a valid discharge for any benefit accruing or money payable thereunder.
Terms Used In Connecticut General Statutes 38a-284
- Contract: A legal written agreement that becomes binding when signed.
- Insurance: means any agreement to pay a sum of money, provide services or any other thing of value on the happening of a particular event or contingency or to provide indemnity for loss in respect to a specified subject by specified perils in return for a consideration. See Connecticut General Statutes 38a-1
- Person: means an individual, a corporation, a partnership, a limited liability company, an association, a joint stock company, a business trust, an unincorporated organization or other legal entity. See Connecticut General Statutes 38a-1