™Your Policy Risk Impact Agent
116 chapters · 1,704 sections in this title.
RSA 408-E:1 Purpose and Scope
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This chapter specifically permits life insurance companies to issue funding agreements as a type of insurance business permitted under authority of RSA 401:1, III and establishes standards for the regulation of funding agreements.
RSA 408-E:2 Definitions
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In this chapter: I. "Funding agreement" means an agreement issued by a life insurance company, not based on mortality or morbidity, providing for the accumulation of funds by the insurer for the purpose of making one or more payments to the holder, where the initial premium paid …
RSA 408-E:3 Authorization and Regulation of Funding Agreements
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I. Any licensed life insurance company may deliver or issue for delivery one or more funding agreements. II. For the purposes of RSA 402-C:44, funding agreements shall be treated as insurance contracts, and holders of funding agreements shall be entitled to the same priority of d…
RSA 408-E:4 Permissible Holders of Funding Agreements
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Funding agreements may be issued to: I. Persons authorized by a state or foreign country to engage in an insurance business or to subsidiaries of such persons. II. Entities other than persons authorized to engage in an insurance business and to individuals for the purpose of fund…
