Maine Revised Statutes Title 24-A. Maine Insurance Code § 2613. Provisions required in group contracts

1. That sections 2619 to 2623 and section 2628 do not apply to policies insuring the lives of debtors;

2. That the standard provisions required for individual life insurance policies do not apply to group life insurance policies; and

3. That if the group life insurance policy is on a plan of insurance other than the term plan, it contains a nonforfeiture provision or provisions which in the opinion of the superintendent is or are equitable to the insured persons and to the policyholder, but nothing herein may be construed to require that group life insurance policies contain the same nonforfeiture provisions as are required for individual life insurance policies.