Current through September 17, 2024
Section 210-33-003 - Scope003.01 Except for the exemptions specified in Subsection 003.02, this regulation shall apply to any solicitation, negotiation or procurement of life insurance occurring within this state. Subsection 005.02 shall apply only to an existing nonexempt policy held by a policyowner residing in this state. This regulation shall apply to any issuer of life insurance contracts including fraternal benefit societies.003.02 This regulation shall not apply to:003.02A Individual and group annuity contracts;003.02B Credit life insurance;003.02C Group life insurance (except for disclosures relating to preneed funeral contracts or prearrangements; these disclosure requirements shall extend to the issuance or delivery of certificates as well as to the master policy);003.02D Life insurance policies issued in connection with pension and welfare plans as defined by and which are subject to the federal Employee Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. Section 1001 et seq. as amended; or003.02E Variable life insurance under which the amount or duration of the life insurance varies according to the investment experience of a separate account.210 Neb. Admin. Code, ch. 33, § 003