State statute · Delaware
Life insurance contracts - standard policy provisions
Del. Code tit. 18, ch. 29
Edition and licensing notes
Publisher. Delaware Code (delcode.delaware.gov)
Status. Delaware Code, public domain.
What this document is
Del. Code tit. 18, ch. 29: Life insurance contracts - standard policy provisions is a state statute published by Delaware Code (delcode.delaware.gov). It is one of the Delaware documents that insurance license exam questions are written from, including delaware life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- Del. Code tit. 18 § 2906 (Grace Period)
“There shall be a provision that a grace period of 30 days or, at the option of the insurer, of 1 month of not less than 30 days, or of 4 weeks in the case of industrial life insurance policies the premiums for which are payable more frequently than monthly shall be allowed within which the payment...”
- Del. Code tit. 18 § 2911(a) (Policy Loan: Termination on Excess Indebtedness)
“if and when the total indebtedness on the policy, including interest due or accrued, equals or exceeds the amount of the loan value thereof, then the policy shall terminate and become void, but not until at least 30 days’ notice has been mailed by the insurer to the last address on record with the...”
- Del. Code tit. 18, § 2914(a) (Payment of Claims; Settlement on Due Proof of Death)
“There shall be a provision that when the benefits under the policy become payable by reason of the death of the insured, settlement must be made upon receipt of due proof of death, which may consist of a certified copy of the insured’s death certificate or other lawful evidence providing equivalent...”
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More Delaware sources
- Delaware Code Title 18, Ch. 017 - Licensing of Professional Insurance PersonnelState statute
- Delaware Code Title 18, Ch. 023 - Unfair Practices in the Insurance BusinessState statute
- Delaware Code Title 18, Ch. 29 - Life Insurance and Annuity ContractsState statute
- Delaware Code Title 18, Ch. 031 - Life Insurance ContractsState statute
- Delaware Code Title 18, Ch. 035 - Group and Blanket Health InsuranceState statute
- Delaware Code Title 18 Chapter 17 - Licensing of Professional Insurance Personnel (Secs. 1701-1724)State statute
- Delaware Code Title 18 Chapter 17A - Licensing of Public Adjusters (Secs. 1750-1761)State statute
- Delaware Code Title 18 Chapter 23 - Unfair Practices in the Insurance Business (Secs. 2301-2318)State statute