Kentucky Revised Statutes
Includes enactments through the 2024 Regular Session
The KRS database was last updated on 10/11/2024
.15-010 Scope of Subtitle 15.
.15-020 Definitions.
.15-030 "Ordinary" and "industrial" insurance construed.
.15-035 Securities Act of Kentucky not preempted by subtitle.
.15-040 Standard provisions required.
.15-045 Letter of acceptance and financing agreement to be part of college life insurance policy.
.15-050 Payment of premiums -- Return of policy.
.15-060 Grace period.
.15-070 Entire contract.
.15-075 Notice of policy owner's rights -- Contents -- Conditions requiring notice to be given -- Application to policies $100,000 or greater permitted.
.15-080 Incontestability.
.15-090 Misstatement of age or sex.
.15-100 Dividends.
.15-110 Policy loans.
.15-115 Life insurance policy loan interest rates.
.15-120 Table of installments.
.15-130 Reinstatement.
.15-140 Repealed, 1994.
.15-150 Beneficiary, industrial policies.
.15-160 Title.
.15-170 Excluded or restricted coverage.
.15-175 Repealed, 2019.
.15-180 Standard provisions -- Annuity and pure endowment contracts.
.15-190 Grace period -- Annuities.
.15-200 Incontestability -- Annuities.
.15-210 Entire contract -- Annuities.
.15-220 Misstatement of age or sex -- Annuities.
.15-230 Dividends -- Annuities.
.15-240 Reinstatement -- Annuities.
.15-250 Standard provisions -- Reversionary annuities.
.15-260 Limitation of liability.
.15-270 Incontestability, limitation of liability after reinstatement.
.15-280 Prohibited provisions.
.15-290 Provisions required by law of other jurisdiction.
.15-300 Short title.
.15-310 Nonforfeiture provisions.
.15-311 "Operative date of the valuation manual" defined.
.15-312 Policies without cash surrender value.
.15-315 Standard Nonforfeiture Law for Individual Deferred Annuities.
.15-320 Cash surrender value.
.15-322 Notification of insured of cash surrender value.
.15-330 Paid-up nonforfeiture benefits.
.15-340 Adjusted premiums.
.15-342 Adjusted premiums operative at option of insurer or on January 1, 1989.
.15-344 Commissioner's approval.
.15-350 Calculation of cash surrender value and paid-up nonforfeiture benefit of certain policies on default.
.15-352 Cash surrender value -- Nonforfeiture factor.
.15-360 Exceptions.
.15-365 Standard Nonforfeiture Law for Individual Deferred Annuities of 2005.
.15-370 Disposition of miscellaneous proceeds.
.15-380 Participating, nonparticipating policies -- Right to issue.
.15-390 Pension, retirement, profit-sharing, life insurance, or annuity agreements -- Separate accounts.
.15-400 Prohibited policy plans.
.15-410 Minimum reserves.
.15-420 Unclaimed Life Insurance Benefits Act.
.15-700 Licensing requirements governing life settlement providers and brokers -- Contracts -- Commissioner's approval required -- Forms.
.15-702 Permitted questioning of life insurance applicant concerning financing of premium payments.
.15-705 Commissioner's authority to examine -- Retention and inspection of records.
.15-708 Emergency cease and desist order when public health, safety, or welfare is endangered -- Fee.
.15-709 Remedies of department and of persons damaged by life settlement violations.
.15-710 Life settlement provider's duties of disclosure to owner.
.15-712 Permitted and prohibited life insurance advertising and marketing.
.15-715 Requirements for life settlement contracts.
.15-716 Violation due to time of contract -- Conditions -- Procedure -- Satisfaction of requirements.
.15-717 Circumstances under which life settlement transactions are unlawful -- Required statement regarding false information -- Furnishing information regarding fraudulent life settlement acts.
.15-718 Requirements governing execution of life settlement contracts.
.15-719 Annual statement to be filed with commissioner -- Administrative regulations.
.15-720 Powers of commissioner.
.15-725 KRS 304.15-020 and KRS 304.15-700 to 304.15-720 subject to Subtitle 12 of this chapter.
.15-726 Life settlement contracts for payments directly to long-term care services providers -- Administrative regulations.