(a) As used in the Arkansas Insurance Code, unless the context otherwise requires, "life insurance" is insurance on human lives. (b) The transaction of life insurance includes also the granting of endowment benefits, benefits for expenses incurred in connection with death, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured's disability, and optional modes of settlement of proceeds of life insurance. (c) Transaction of life insurance does not include workers' compensation, as defined in § 23-62-105(a)(3) . Acts 1959, No. 148, § 73; A.S.A. 1947, § 66-2402. (a) As used in the Arkansas Insurance Code, unless the context otherwise requires, "life insurance" is insurance on human lives. (b) The transaction of life insurance includes also the granting of endowment benefits, benefits for expenses incurred in connection with death, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured's disability, and optional modes of settlement of proceeds of life insurance. (c) Transaction of life insurance does not include workers' compensation, as defined in § 23-62-105(a)(3) . Acts 1959, No. 148, § 73; A.S.A. 1947, § 66-2402. (a) As used in the Arkansas Insurance Code, unless the context otherwise requires, "life insurance" is insurance on human lives. (b) The transaction of life insurance includes also the granting of endowment benefits, benefits for expenses incurred in connection with death, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured's disability, and optional modes of settlement of proceeds of life insurance. (c) Transaction of life insurance does not include workers' compensation, as defined in § 23-62-105(a)(3) . Acts 1959, No. 148, § 73; A.S.A. 1947, § 66-2402. (a) As used in the Arkansas Insurance Code, unless the context otherwise requires, "life insurance" is insurance on human lives. (b) The transaction of life insurance includes also the granting of endowment benefits, benefits for expenses incurred in connection with death, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured's disability, and optional modes of settlement of proceeds of life insurance. (c) Transaction of life insurance does not include workers' compensation, as defined in § 23-62-105(a)(3) . Acts 1959, No. 148, § 73; A.S.A. 1947, § 66-2402.
‹ Prev All Arkansas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.