KRS § 299.150 Insurable age -- Insurable interest -- Change of beneficiary.
A company may not issue a life policy for a person over 60, and it may not issue a policy where the named beneficiary has no insurable interest. A policyholder may change beneficiaries with the company’s consent.
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- United States — Kentucky
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- Language
- en
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beneficiary changes insurable interest policy issuance
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KRS § 299.150 Insurable age -- Insurable interest -- Change of beneficiary.
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