Current through the 2023 Regular Session
Section 33-7-520 - Benefits(1) A society may provide the following contractual benefits in any form: (d) temporary or permanent disability benefits;(e) hospital, medical, or nursing benefits;(f) monument or tombstone benefits to the memory of deceased members; and(g) other benefits authorized for life insurers that are not inconsistent with this chapter.(2) A society shall specify in its rules those persons who may be issued or covered by the contractual benefits in subsection (1), consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.En. Sec. 16, Ch. 586, L. 1991.