RSA 418:15 · Benefits

418:15 Benefits. –

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I.

A society may provide the following contractual benefits in any form:

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(a)

Death benefits;

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(b)

Endowment benefits;

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(c)

Annuity benefits;

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(d)

Temporary or permanent disability benefits;

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(e)

Hospital, medical or nursing benefits;

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(f)

Monument or tombstone benefits to the memory of deceased members; and

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(g)

Such other benefits as authorized for life insurers and which are not inconsistent with this chapter.

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II.

A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in paragraph I, 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. Source. 2003, 182:1, eff. Jan. 1, 2004.

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