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24-A §4114. Benefits

24-A ME Rev Stat § 4114 (2019) (N/A)
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§4114. Benefits

1.  A society authorized to do business in this State may provide for the payment of:

A. Death benefits in any form;   [PL 1969, c. 132, §1 (NEW).]

B. Endowment benefits;   [PL 1969, c. 132, §1 (NEW).]

C. Annuity benefits;   [PL 1969, c. 132, §1 (NEW).]

D. Temporary or permanent disability benefits as a result of disease or accident;   [PL 1969, c. 132, §1 (NEW).]

E. Hospital, medical or nursing benefits due to sickness or bodily infirmity or accident; and   [PL 1969, c. 132, §1 (NEW).]

F. Monument or tombstone benefits to the memory of deceased members not exceeding in any case the sum of $300.   [PL 1969, c. 132, §1 (NEW).]

[PL 1969, c. 132, §1 (NEW).]

2.  Such benefits may be provided on the lives of members or, upon application of a member, on the lives of the member's family, including the member, the member's spouse and minor children, in the same or separate certificates.

[PL 1969, c. 132, §1 (NEW).]

SECTION HISTORY

PL 1969, c. 132, §1 (NEW).

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24-A §4113. No personal liability
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