Section Ins 401.07 - Group Life Policies(a) The required provisions for group life policies shall be established in RSA 408:16;(b) Other required policy standards shall be as follows:(1) The policy shall apply to a group qualified for such insurance as provided by RSA 408:15;(2) All group life certificates filed with this department shall provide for the identification of the individual(s) insured by having the name(s) of the insured(s) stated on the certificate or any code in the certificate sufficient to identify the insured(s);(3) As an alternative to (2) above, any group life certificate shall define eligibility and benefit amounts;(4) Each employee insured under a form of group life insurance shall be given evidence of his beneficiary in the certificate;(5) In the case of a group life insurance plan that contains a disability benefit extension of any type including, but not limited to, premium waiver extension, extended death benefit in event of total disability, or payment of income for a specified period during total disability, the discontinuance of the group policy shall not operate to terminate such extension;(6) Coverage may be provided to dependents in a contract of group life insurance pursuant to RSA 408:15, VIII and IX; and(7) Arbitration provisions shall be prohibited.N.H. Admin. Code § Ins 401.07
Amended by Volume XXXVII Number 15, Filed April 13, 2017, Proposed by #12126, Effective 3/8/2017, Expires 3/8/2027.