Title XXXVII, Insurance

Any employee whose compensation includes group life insurance, the premiums for which are paid in full or in part by an employer, including the state of New Hampshire, its political subdivisions, or municipal corporations, or paid by payroll deduction, may pay the premiums as the…

If any provision of this act or the application thereof to any person or circumstances is held invalid, such invalidity shall not affect other provisions or applications of the act which can be given effect without the invalid provision or application, and to this end the provisi…

All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed 60 days from the date an order of liquidation, rehabilitation or conservation is final to permit proper legal action by the association on any matters germane to its powers or dut…

All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed 60 days from the date an order of liquidation, rehabilitation or conservation is final to permit proper legal action by the association on any matters germane to its powers or dut…

No group life insurance policy or certificate shall contain any provision that reduces or denies any benefit otherwise payable because a pre-existing medical or health condition contributed to the death or disability of the insured. No group life insurance policy or certificate s…

A life settlement provider or life settlement producer transacting business in this state may continue to do so pending approval or disapproval of the life settlement provider, or life settlement producer application for licensure if the application is filed with the commissioner…

I. No person, including a member insurer, agent or affiliate of a member insurer shall make, publish, disseminate, circulate, or place before the public, or cause directly or indirectly, to be made, published, disseminated, circulated, or placed before the public, in any newspape…

I. No person, including an insurer, agent or affiliate of an insurer shall make, publish, disseminate, circulate, or place before the public, or cause directly or indirectly, to be made, published, disseminated, circulated, or placed before the public, in any newspaper, magazine …

Every annuity contract subject to this chapter shall comply with the following: I. Payment of premiums. There shall be a provision relating to the time and place of payment of premiums. II. Grace period. There shall be a provision that the contract holder is entitled to a grace p…

In this chapter: I. "Advertising" means any written, electronic, or printed communication or any communication by means of recorded telephone messages or transmitted on radio, television, the Internet, or similar communications media, including film strips, motion pictures, and v…

For purposes of this compact: I. "Advertisement" means any material designed to create public interest in a product, or induce the public to purchase, increase, modify, reinstate, borrow on, surrender, replace or retain a policy, as more specifically defined in the rules and oper…

I. The purpose of this chapter is to protect, subject to certain limitations, the persons specified in RSA 408-B:5, I against failure in the performance of contractual obligations, under life and health insurance policies and annuity contracts specified in RSA 408-B:5, II, becaus…

I. This chapter may be cited as "The Model Act for the Regulation of Credit Life Insurance and Credit Accident and Health Insurance." II. All life insurance and all accident and health insurance sold in connection with loans or other credit transactions shall be subject to the pr…

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 …

I. The purpose of this chapter is to protect, subject to certain limitations, the persons specified in RSA 408-F:5, I against failure in the performance of contractual obligations, under life, health and annuity policies, plans, or contracts specified in RSA 408-F:5, II, because …

Not less than 3 days prior to the date on which a payee signs a transfer agreement, the transferee shall provide to the payee a separate disclosure statement, in bold type no smaller than 14 points, setting forth the following: I. The amounts and due dates of the structured settl…

No person may issue a life insurance policy or annuity contract without first obtaining a certificate of authority from the commissioner.

This chapter shall not apply to any insurer which is insolvent or unable to fulfill its contractual obligations on January 1, 1996.

This chapter shall not apply to any member insurer which is insolvent or unable to fulfill its contractual obligations on December 31, 2019.

No group annuity may be delivered or issued for delivery in this state to a group which does not meet the definition of group annuity as defined in rules. The commissioner may promulgate rules defining groups for annuities.

I. "Separate account" shall mean a segregated investment account maintained by an insurance company. II. "Variable products" shall mean any life insurance policy or annuity contract issued by an insurance company which provides that the dollar amount of benefits or other contract…

A domestic life insurance company may establish one or more separate accounts, and may allocate thereto amounts, including, without limitation, proceeds applied under optional modes of settlement or under dividend options, to provide for life insurance or annuities and benefits i…

I. The income, gains, and losses, realized or unrealized, from assets allocated to a separate account shall be credited to or charged against the account, without regard to other income, gains, or losses of the company. II. Notwithstanding any inconsistent provision in this chapt…

Amounts allocated by an insurance company to separate accounts in the exercise of the power granted by this chapter shall be owned by the insurance company, and the insurance company shall not be, or hold itself out to be, a trustee in respect to such amounts. To the extent so pr…

To the extent the insurance company deems it necessary to comply with any applicable federal or state laws, the insurance company, with respect to a separate account, including, without limitation, any separate account that is a management investment company or a unit investment …

I. No company shall issue for delivery within this state variable products unless it is licensed to do so in this state. II. A variable product license will only be issued to a company licensed in this state to conduct life insurance and annuity business if the commissioner is sa…

Upon licensure of any insurance company to issue variable products, a certificate shall be issued stating the name and the fact that the company has been licensed as a life insurance company authorized to issue variable products. The certificate shall be in such form as the commi…

Any variable product issued or delivered in this state, and any certificate evidencing variable benefits issued pursuant to any such product on a group basis, shall contain a statement of the essential features of the procedure to be followed by the insurance company in determini…

Any domestic life insurance company which issues variable products shall establish one or more separate accounts known as variable product accounts. Variable product accounts shall comply with all the requirements of separate accounts, pursuant to RSA 408:21-25.

I. (a) A person shall not operate as a life settlement provider or life settlement producer without first obtaining a license from the commissioner of the state of residence of the viator. If there is no license requirement in the state of residence of the viator, then a license …

I. The compacting states hereby create and establish a joint public agency known as the "Interstate Insurance Product Regulation Commission." Pursuant to RSA 408-C:4, the commission shall have the power to develop uniform standards for product lines, receive and provide prompt re…

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…

This chapter shall be liberally construed to effect the purpose under RSA 408-B:2 which shall constitute an aid and guide to interpretation.

This chapter shall be liberally construed to effect the purpose under RSA 408-F:2 which shall constitute an aid and guide to interpretation.

Credit life insurance and credit accident and health insurance shall be issued only in the following forms: I. Individual policies of life insurance issued to debtors on the term plan; II. Individual policies of accident and health insurance issued to debtors on a term plan or di…

No direct or indirect transfer of structured settlement payment rights shall be effective and no structured settlement obligor or annuity issuer shall be required to make any payment directly or indirectly to any transferee or assignee of structured settlement payment rights unle…

I. For the purpose of life insurance and annuities: (a) An individual has an unlimited insurable interest in his or her own life, body, and health, and may lawfully take out a policy of insurance on his or her own life, body, and health, and have the policy made payable to whomso…

Investments and liabilities of a variable product account shall at all times be clearly identifiable and distinguishable from the other investments and liabilities of the company. No investments of a variable product account shall be pledged or transferred as collateral for a loa…

I. The assets of a variable product account may be invested in any real estate or tangible or intangible personal property which is a legal investment for a life insurance company, and, in addition, such assets may be invested wholly or partly in common stock, in preferred stocks…

Except with the approval of the commissioner and under such conditions as to investments and other matters as he or she may prescribe, which shall recognize the guaranteed nature of the benefits provided, reserves for (a) benefits guaranteed as to dollar amount and duration and (…

Any company organized under the laws of this state, which has been authorized by the commissioner to issue variable products, shall deposit all securities representing the assets of a segregated fund for a variable product account, and all uninvested cash of such a fund, with a c…

I. Only a life insurance company licensed to issue variable products in this state may, in this state, by direct solicitation or through agents or producers, or by letter, circular, or advertising, sell, offer for sale, or invite offers for or inquiries about variable products an…

If the commissioner is of the opinion that any variable product is of such a character that there is a serious financial danger to the purchaser in buying it, or that the circulars and advertisements do not disclose pertinent facts sufficient to enable intending purchasers to for…

Except for RSA 409:2, in the case of a variable life insurance policy, and except as otherwise provided in this chapter, all pertinent provisions of Title XXXVII shall apply to separate accounts and products relating thereto. Any variable life insurance or annuity contract delive…

I. Whoever violates any provisions of RSA 408:26-36, inclusive, or knowingly files with the commissioner, or furnishes to him or her any false or misleading statements or information, shall be guilty of a class B felony, if a natural person, or guilty of a felony if any other per…

I. The commissioner may refuse to issue, suspend, revoke, or refuse to renew the license of a life settlement provider, or a life settlement producer, or a life insurance producer operating as a life settlement producer if the commissioner finds that: (a) There was any material m…