Section 3 AAC 28.805 - Applicability and scope of 3 AAC 28.800 - 3 AAC 28.849(a)3 AAC 28.800 - 3 AAC 28.849 apply to all group and individual life insurance policies and certificates except (1) variable life insurance;(2) individual and group annuity contracts;(3) credit life insurance under AS 21.57; and(4) individual and group life insurance policies that have death benefits of no more than $10,000 per individual.(b) A life insurance policy or certificate is not exempt from 3 AAC 28.800 - 3 AAC 28.849 merely for the reason that a rider, endorsement, or other provision of the policy or certificate contains an element that is not subject to the requirements of 3 AAC 28.800 - 3 AAC 28.849.Eff. 9/1/98, Register 147In 2010 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 21.36.150 as AS 21.36.900. As of Register 196 (January 2011), the regulations attorney made a conforming technical revision under AS 44.62.125(b)(6), to the authority citation that follows 3 AAC 28.805, so that the citation to former AS 21.36.150 now refers to the renumbered statute, AS 21.36.900.
Authority:AS 21.06.090
AS 21.36.020
AS 21.36.030
AS 21.36.900
AS 21.42.120
AS 21.42.130