™Your Policy Risk Impact Agent
53 chapters · 1,250 sections in this title.
AS 21.40.080 Definitions.
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In this chapter, (1) domestic stock insurance corporation means a stock insurance corporation organized under the laws of this state or the Territory of Alaska; (2) equity security means a stock or similar security; or a security convertible, with or without considerations, i…
AS 21.42.010 Applicability.
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AS 21.42.010 21.42.599 do not apply to (1) reinsurance; (2) policies or contracts not issued for delivery in this state or delivered in this state, except as provided in AS 21.42.120; (3) wet marine and transportation insurance; (4) title insurance, except that AS 21.42.080, 21…
AS 21.42.020 Insurable interest: life, annuity, or health.
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(a) A person of competent legal capacity may procure or effect an insurance contract on the life or body of the person for the benefit of any person. A person may not procure or cause to be procured an insurance contract upon the life or body of another person unless the benefits…
AS 21.42.030 Insurable interest: property.
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(a) A contract of insurance of property or of an interest in property or arising from property may not be enforced as to the insurance except for the benefit of persons having an insurable interest in the things insured at the time of the loss. (b) The measure of an insurable int…