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Alaska Statutes.
Title 21. Insurance
Chapter 45. Life Insurance and Annuities
Section 170. Standard Provisions: Annuity and Pure Endowment Contracts.
previous: Section 160. Excluded or Restricted Coverage.
next: Section 180. Grace Period: Annuities.

AS 21.45.170. Standard Provisions: Annuity and Pure Endowment Contracts.

(a) An annuity or pure endowment contract, other than a reversionary annuity, survivorship annuity, or group annuity, may not be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in AS 21.45.180 - 21.45.230, except that if a provision is not applicable to single premium annuities or single premium pure endowment contracts it may not be incorporated into the contract.

(b) This section does not apply to contracts for deferred annuities included in or upon the lives of beneficiaries under, life insurance policies.


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Last modified 9/3/2005