6.6.1010    FUNERAL INSURANCE POLICY FORMS

(1) In addition to the filing and approval requirements in statute and rule for life insurance policy forms, funeral insurance issuers must file the following with the commissioner for review and prior approval:

(a) solicitation materials; and

(b) disclosure forms.

(2) In addition to complying with the rules governing life insurance, funeral insurance policy forms must clearly and conspicuously:

(a) be identified as funeral insurance;

(b) list any and all exclusions or other conditions under which the funeral insurance will not pay the death benefit; and

(c) contain beneficiary designation provisions as set out in ARM 6.6.1012.

History: 33-1-313, 33-1-501, 33-20-1503, MCA; IMP, 33-1-501, 33-20-1501, 33-20-1502, MCA; NEW, 2008 MAR p. 118, Eff. 2/1/08.