State statute · New Mexico
NMSA 1978, Chapter 59A (New Mexico Insurance Code), Article 21: Group Life Insurance
Edition and licensing notes
Edition. NMSA 1978, current through the Second Session of the Fifty-Seventh Legislature (2026)
Status. NM statutes, public domain (state government edict).
What this document is
NMSA 1978, Chapter 59A (New Mexico Insurance Code), Article 21 - Group Life Insurance is a state statute published by nmonesource.com. It is one of the New Mexico documents that insurance license exam questions are written from, including new mexico 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.
- NMSA 1978 ch. 59A § 59A-21-8 (Association groups)
“A policy of group life insurance may be issued to any association organized in this state by any group of professional or business persons required to be licensed under the laws of the state in order to engage in such profession or business, or to any agricultural association organized under the...”
- NMSA 1978 ch. 59A § 59A-21-18(A) (Certificate or statement of insurance protection)
“A group life insurance policy shall contain in substance a provision that the insurer will issue to the policyholder for delivery to each person insured an individual certificate setting forth a statement as to the insurance protection to which he is entitled, to whom the insurance benefits are...”
- NMSA 1978 ch. 59A § 59A-21-19 (Conversion privilege; termination of membership in group)
“A group life insurance policy shall contain in substance a provision that if the insurance, or any portion of it, on a person covered under the policy or on the dependent of such person ceases because of termination of employment or of membership in the class or classes eligible for coverage under...”
- NMSA 1978 ch. 59A § 59A-21-20 (Conversion privilege; termination of group policy)
“A group life insurance policy shall contain in substance a provision that if the group policy terminates or is amended so as to terminate the insurance of any class of insured persons, every person insured thereunder at the date of such termination whose insurance terminates, including the insured...”
- NMSA 1978 ch. 59A § 59A-21-21 (Conversion privilege; death benefit)
“A group life insurance policy shall contain in substance a provision that if a person insured under the group policy, or the insured dependent of a covered person, dies during the period within which he would have been entitled to have an individual policy issued to him in accordance with Sections...”
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