Insurance policies offered and sold on Army installations must—
(a) Comply with the insurance laws of the States or country in which the installations
are located. The applicable State insurance commissioner will determine such compliance if there
is a dispute or complaint.
(b) Contain no restrictions because of military service or military occupational specialty
of the insured, unless restrictions are clearly indicated on the face of the policy.
(c) Plainly indicate any extra premium charges imposed because of military service or
military occupational specialty.
(d) Not vary in the amount of death benefit or premium based on the length of time the
policy has been in force, unless it is clearly described therein.
(e) For purposes of paragraphs (b) through (d) of this section, be stamped with an appropriate
reference on the face of the policy to focus attention on any extra premium charges
imposed and on any variations in the amount of death benefit or premium based on the
length of time the policy has been in force.
(f) Variable life insurance policies may be offered provided they meet the criteria of
the appropriate insurance regulatory agency and the Securities and Exchange Commission.
(g) Show only the actual premiums payable for life insurance coverage.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.