Section 59A-23-5 - Extended disability benefit.

NM Stat § 59A-23-5 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Any group health insurance policy may provide for payment not exceeding one thousand dollars ($1,000) as an extended disability benefit upon the insured's death from any cause, which benefit shall not be construed as life insurance.

History: Laws 1984, ch. 127, § 464.