§ 27-62-2. Applicability and scope.
This chapter applies 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; and
(4) Life insurance policies with no illustrated death benefits on any individual exceeding ten thousand dollars ($10,000).
(P.L. 1998, ch. 56, § 1.)