2018 Minnesota Statutes
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Chapter 61A
Section 61A.071
Recent History
- 1995 61A.071 Amended 1995 c 258 s 16
- 1994 61A.071 Amended 1994 c 485 s 18
This is an historical version of this statute chapter. Also view the most recent published version.
61A.071 APPLICATIONS.
No individual life insurance policy shall be issued or delivered in this state to a person age 65 or older unless a signed and completed copy of the application for insurance is left with the applicant at the time application is made. This requirement will not apply to life insurers who mail a copy of the signed, completed application to the applicant within 24 hours of receiving the application. However, where an individual life policy is marketed on a direct response basis, a copy of any application signed by the applicant shall be delivered to the insured along with, or as part of, the policy.
History:
Official Publication of the State of Minnesota
Revisor of Statutes