(HB 1043)
Life insurance exclusions modified.
Section
1.
That
§
58-15-52
be amended to read as follows:
58-15-52.
Sections
The provisions of
§
§
58-15-45 to 58-15-51, inclusive,
shall
do
not apply
to
group life insurance,
health insurance, reinsurance, or annuities
, or to any provision in a life
insurance policy or contract supplemental thereto relating to health benefits or to additional
benefits in the event of death by accidental means
.
The provisions of
§
§
58-15-46 to 58-15-51,
inclusive, do not apply to group life or to any provision in a life insurance policy or contract
supplemental thereto relating to health benefits or to additional benefits in the event of death by
accidental means. However, the provisions of
§
58-15-45 apply to group life insurance and to any
provision in a life insurance policy or contract supplemental thereto relating to health benefits or
to additional benefits in the event of death by accidental means.