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24-A §702. "Life insurance" defined

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ME Code › Title 24-A › Chapter 9 › Section 702

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Life insurance is insurance on human lives. The transaction of life insurance includes also the granting endowment benefits, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured's disability, and optional modes of settlement of proceeds of life insurance. [PL 1969, c. 132, §1 (NEW).]

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24-A §702. "Life insurance" defined · 24-A M.R.S. § 702 | Frix