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Code · North Carolina · Chapter 58 — Insurance

§ 58-3-55. Must not pay death benefits in services.

65 words·~1 min read·/nc/chapter-58/58-3-55

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§ 58-3-55. Must not pay death benefits in services.
No insurance company now doing business in this State or that may hereafter be authorized to do business in this State issuing contracts providing benefits in the event of death shall issue any contract providing for the payment of benefits in merchandise or service to be rendered to such policyholder or his beneficiary. (1945, c. 377.)
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