Maine Revised Statutes Title 24-A Sec. 2408 – Consent of insured for health and life insurance
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1. No life or health insurance contract upon an individual, including contracts which may arise under section 2404, subsection 3, paragraph D, may 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 coverage or has provided written consent, except under the following circumstances.
A. A spouse may effectuate insurance upon the other spouse. [PL 1989, c. 353, §3 (NEW).]
B. Any person having an insurable interest in the life of a minor, or any person upon whom a minor is dependent for support and maintenance, may effectuate insurance upon the life of the minor. [PL 1989, c. 353, §3 (NEW).]
C. Family policies may be issued insuring 2 or more members of a family on an application signed by either parent, a stepparent or a spouse. [PL 1989, c. 353, §3 (NEW).]
[PL 1989, c. 353, §3 (RPR).]
Terms Used In Maine Revised Statutes Title 24-A Sec. 2408
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Contract: A legal written agreement that becomes binding when signed.
- Dependent: A person dependent for support upon another.
- health insurance: means insurance of human beings against bodily injury, disablement or death by accident or accidental means, or the expense thereof, or against disablement or expense resulting from sickness, and every insurance appertaining thereto, including provision for the mental and emotional welfare of human beings by defraying the costs of legal services only to the extent provided for in chapter 38. See Maine Revised Statutes Title 24-A Sec. 704
2. This section does not apply to:
A. Group life insurance contracts other than group contracts which may arise under section 2404, subsection 3, paragraph D; [PL 1989, c. 353, §3 (NEW).]
B. Group annuity contracts; or [PL 1989, c. 353, §3 (NEW).]
C. Group or blanket health insurance contracts. [PL 1989, c. 353, §3 (NEW).]
[PL 1989, c. 353, §3 (RPR).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1989, c. 353, §3 (RPR).