™Your Policy Risk Impact Agent
166 chapters · 2,034 sections in this title.
R.I. Gen. Laws § 27-72-1. Title
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This chapter may be cited and shall be known as the “Life Settlements Act.”
R.I. Gen. Laws § 27-72-10. Disclosure to insurer
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(a) Without limiting the ability of an insurer from assessing the insurability of a policy applicant and determining whether or not to issue the policy, and in addition to other questions an insurance carrier may lawfully pose to a life insurance applicant, insurance carriers may…
R.I. Gen. Laws § 27-72-11. General rules
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(a) A provider entering into a life settlement contract with any owner of a policy, wherein the insured is terminally or chronically ill, shall first obtain: (1) If the owner is the insured, a written statement from a licensed attending physician that the owner is of sound mind a…
R.I. Gen. Laws § 27-72-12. Authority to promulgate regulations — Conflict of laws
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(a) The commissioner may: (1) Promulgate regulations implementing this chapter and regulating the activities and relationships of providers, brokers, insurers, and their agents, subject to statutory limitations on administrative rulemaking. (2) Provide by regulation that the comm…
