§ 4474.
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/vt/title-8/chapter-121/4474A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 4474. Benefits
(a)A society authorized to do business in this State may provide for the payment of:
(1)death benefits in any form;
(2)endowment benefits;
(3)annuity benefits;
(4)temporary or permanent disability benefits as a result of disease or accident;
(5)hospital, medical, or nursing benefits due to sickness or bodily infirmity or accident;
(6)monument or tombstone benefits to the memory of deceased members not exceeding in any case the sum of $300.00; and
(b)Such benefits may be provided on the lives of members or upon application of a member, on the lives of the member’s family, including the member, the member’s spouse and minor children, in the same or separate certificates. (Added 1959, No. 197, § 14, eff. Nov. 22, 1959.)