Current through Register Vol. 54, No. 45, November 9, 2024
Section 90c.23 - Applications of fraternal benefit societies(a)Application form. The words "A Fraternal Benefit Society" appear in conspicuous type on the application form. This complies with § 89.102(d)(6) (relating to guidelines for approval of forms).(b)Separation of applications. Membership and insurance applications are not combined. Questions relating to membership are not included in the insurance application. This complies with § 89.102(d)(1).(c)Indication of membership. Each application, except an exchange or conversion application, for insurance on the life of an adult contains the following: "Is the applicant a member of (
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"Yes
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No
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"If not, apply for membership." This complies with § 89.102(d)(5).
(d)Signatures.(1) Signatures on life insurance applications are as follows: (i) If the proposed insured is an adult (18 or over), a member and is the applicant, the application for insurance contains: "Proposed Insured's Signature
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(ii) If the proposed insured is an adult and not a member, the application for insurance contains: "Proposed Insured's Signature
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"Member Applicant's Signature
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(iii) If the proposed insured is a child, the application for insurance contains: "Adult Applicant's Signature
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(2) This complies with § 89.102(d)(2)-(4).