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- Title 27. Insurance
- Chapter 34. Fraternal Benefit Societies
Ala. Code § 27-34-23 (1975) Benefits - Generally
Library | Alabama Statutes |
Edition | 2023 |
Currency | Current with legislation from the 2023 Regular and Special Sessions. |
(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; and
(6) Monument or tombstone benefits to the memory of deceased members not exceeding in any case the sum of $300.00.
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