Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 2 - Division of Insurance
Chapter 21 - Insurer - Financial
Article 5 - Frequency and Method of Premium Tax Payments
3 AAC 21.580 - Definition
Universal Citation: 3 AK Admin Code 21.580
Current through February 24, 2025
In AS 21.09.210(m)"individual life insurance" means a life insurance policy on the life of one individual or the lives of more than one individual for estate planning purposes that
(1) may not be a key person insurance policy or part of a group life insurance policy;
(2) may not include the insured's employer as a beneficiary.
Authority:AS 21.34.190
AS 21.09.210
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