Minnesota Legislature
Office of the Revisor of Statutes
Minnesota Statutes and Minnesota Rules Index (topics)
LIFE INSURANCE
2001 CSO Mortality Table, policy valuation, use for, Minn. Rules 2747.0065, 2748.0010 to 2748.0050
Accelerated benefits, authority to issue, Minn. Statutes 2024 60A.06
Accelerated death benefits
Long-term care
Disclosure of tax consequences, Minn. Statutes 2024 62S.20
Incontestability period, Minn. Statutes 2024 62S.13
Loss ratios, Minn. Statutes 2024 62S.26
Reasonable benefits defined, Minn. Statutes 2024 62S.26
Replacement coverage, Minn. Statutes 2024 62S.24
Reporting, Minn. Statutes 2024 62S.11
Reserve standards, Minn. Statutes 2024 62S.251
Suitability standards, Minn. Statutes 2024 62S.30
Long-term care insurance, exclusion, Minn. Statutes 2024 62S.01
Viatical settlements, Minn. Statutes 2024 60A.957 to 60A.9585, 60A.964, 62S.01
Actuarial opinions
Adverse opinions, Minn. Rules 2711.0240
Adverse or qualified opinions, Minn. Rules 2711.0230
Alternative options, Minn. Rules 2711.0240
Annual statements
Asset adequacy analysis, basis for, Minn. Rules 2711.0230, 2711.0240
Asset adequacy analysis not included, Minn. Rules 2711.0230
Defined, Minn. Rules 2711.0210
Requirements, generally, Minn. Rules 2711.0200, 2711.0220
Appointed actuaries
Defined, Minn. Rules 2711.0210, 2711.0220
Records and record keeping, Minn. Rules 2711.0240
Requirements, generally, Minn. Rules 2711.0220
Asset adequacy analysis
2001 CSO Mortality Table, conditions for use, Minn. Rules 2747.0030
Defined, Minn. Rules 2711.0210
Requirements, Minn. Rules 2711.0200, 2711.0230, 2711.0240
Standards, Minn. Rules 2711.0220
Assumptions, Minn. Rules 2711.0240
Data furnished by other persons, Minn. Rules 2711.0230
Deficiency reserves, calculation, Minn. Rules 2747.0030
Definitions, Minn. Rules 2711.0210
Exemptions, Minn. Rules 2711.0220
Foreign or alien companies, Minn. Rules 2711.0220
Independent reviews, Minn. Rules 2711.0240
Liabilities to be covered, Minn. Rules 2711.0220
Memorandum in support, Minn. Rules 2711.0200, 2711.0240
New issues, claims, or liabilities, assumptions, Minn. Rules 2711.0230
Professional judgment in performing, Minn. Rules 2711.0200
Qualified actuaries, Minn. Rules 2711.0210, 2711.0220
Qualified opinions, Minn. Rules 2711.0240
Records and record keeping, Minn. Rules 2711.0240
Refusal to issue, Minn. Rules 2711.0240
Regulatory asset adequacy issues summary, Minn. Rules 2711.0240, 2747.0030
Requirements, generally, Minn. Rules 2711.0220
Scope of rules, Minn. Rules 2711.0200
Actuaries, Minn. Statutes 2024 60A.803, 61A.25
Administrative supervision, insurance companies, Minn. Statutes 2024 60G.01 to 60G.09
Advertising, Interstate Insurance Product Regulation Commission, Minn. Statutes 2024 60A.99
Agents, solicitors, and brokers, violations, criminal penalties, Minn. Statutes 2024 72A.12
Annuities, see ANNUITIES
Applicants
Conservation communications, copies, Minn. Statutes 2024 61A.55
False or incomplete statements, incontestable clause, effect, Minn. Statutes 2024 61A.60
Informed consent, genetic tests, Minn. Statutes 2024 72A.139
Notice received, genetic tests, results, Minn. Statutes 2024 72A.139
Replacement insurance, Minn. Statutes 2024 61A.55 to 61A.58
Applications, filing fees, Minn. Rules 2605.0300
Applications, replacement insurance, statements, Minn. Statutes 2024 61A.56, 61A.57
Armed forces members, sales to, false, misleading, deceptive, or unfair practices, Minn. Rules 2753.0100 to 2753.0500
Authority for rules, variable life insurance policies, Minn. Rules 2750.0200
Beneficiaries
Aiding suicide of policyholder, lawsuits, Minn. Statutes 2024 609.215
Charitable beneficiaries or owners, Minn. Statutes 2024 61A.011
Charitable organizations as beneficiaries or owners, Minn. Statutes 2024 61A.011, 309.72
Generally, Minn. Statutes 2024 61A.12
Homicide, effect of, Minn. Statutes 2024 524.2-803
Beneficiary associations, Minn. Statutes 2024 64B.39
Benefits
Accelerated death benefits, see same under this topic
Attachment, exemption from, Minn. Statutes 2024 550.143, 550.39, 570.025, 570.026
Attorney's summary executions, exemption from, Minn. Statutes 2024 551.05
Change, limitation of coverage, notice, Minn. Statutes 2024 60A.084
Contracts to specify, Minn. Statutes 2024 61A.22
Creditors' claims, exemptions from, Minn. Statutes 2024 550.39
Death of insured or covered dependent during continuation election period, effect, Minn. Statutes 2024 61A.092
Garnishment, exemption from
Garnishment of earnings, Minn. Statutes 2024 571.925
General provisions, Minn. Statutes 2024 571.72
Levy on funds at financial institution, Minn. Statutes 2024 550.143, 571.912
Prejudgment garnishment, Minn. Statutes 2024 571.931, 571.932
Long-term care, Minn. Statutes 2024 62S.10, 62S.23
Lump-sum payments, long-term care insurance, exclusion, Minn. Statutes 2024 62S.01
Personal property taxes, delinquent taxes, liens or levies for, exemptions, Minn. Statutes 2024 277.20, 277.21
Personnel benefits, Minn. Statutes 2024 317A.161
Suicide, effect of sanity on benefits, Minn. Statutes 2024 61A.031
Capital stock life insurance companies, surplus, minimum requirement, Minn. Statutes 2024 60A.07
Cash surrender value, Minn. Statutes 2024 61A.24
Cash value, variable life insurance policies
Applications, statement, Minn. Rules 2750.4200
Requirements, Minn. Rules 2750.1200, 2750.1300
Certificates and certification, filing fees, Minn. Rules 2605.0300
Change of ownership or beneficiary requests, stranger-originated life insurance practices, Minn. Statutes 2024 60A.0787
Charges and rates
Filing fees, Minn. Rules 2605.0300, 2605.0400, 2605.0500
Minimum period for a policy year, Minn. Rules 2747.0050
Policy fees, deficiency reserve calculations, Minn. Rules 2747.0030
Reentry provisions, valuation exceptions, Minn. Rules 2747.0010
Tabular cost of insurance, defined, Minn. Rules 2747.0020
Charter policies, defined, Minn. Rules 2700.3100
Claims
Deposits, Minn. Statutes 2024 61A.011
Estate liquidation, order of distribution, Minn. Statutes 2024 60B.44
Group life insurance, Minn. Statutes 2024 61A.09, 72A.20
Incontestable clause, effect, Minn. Statutes 2024 61A.60
Interest on unpaid benefits, Minn. Statutes 2024 61A.011
Payment, Minn. Statutes 2024 61A.011, 61A.03
Combative sports contestants, Minn. Statutes 2024 341.34
Combination, health and accident insurance, Minn. Statutes 2024 60A.06
Combined stock and mutual companies
Bylaws, change or repeal, Minn. Statutes 2024 66A.39
Certificate of incorporation, amendment, Minn. Statutes 2024 66A.39
Generally, Minn. Statutes 2024 66A.36
Stockholder rights, Minn. Statutes 2024 66A.37
Voting, Minn. Statutes 2024 66A.38
Conflict of laws
Coverage, Minn. Statutes 2024 61A.093
Life insurance companies, investments, Minn. Statutes 2024 61A.282
Conflicts of interest, life insurance companies, investments, Minn. Statutes 2024 61A.282
Consent, see Applicants under this topic
Conservation
Agents, solicitors, and brokers, Minn. Statutes 2024 61A.55, 61A.59
Communications, copies, Minn. Statutes 2024 61A.55
Contested cases
Cooperative or assessment plan companies, hazardous financial condition, Minn. Statutes 2024 60G.21, 60G.22
Policies, forms, withdrawal or disapproval, Minn. Statutes 2024 61A.02
Continuation and conversion privileges
Change of carrier, Minn. Statutes 2024 60A.082
Extension period, Minn. Statutes 2024 60A.085
Generally, Minn. Statutes 2024 61A.092
Municipal employees, Minn. Statutes 2024 471.61
Real estate mortgage loans, Minn. Statutes 2024 61A.09
Retroactive termination of coverage, Minn. Statutes 2024 60A.086
Term policies, Minn. Statutes 2024 61A.09
Contracts
Filing fees, Minn. Rules 2605.0300
Variable basis contracts, Minn. Rules 2747.0010
Contracts and agreements
Additional benefits, providing, Minn. Statutes 2024 60A.06
Authority to issue, generally, Minn. Statutes 2024 60A.06
Benefits, specifying, Minn. Statutes 2024 61A.22
Consideration, Minn. Statutes 2024 61A.22
Entire contract in policy, Minn. Statutes 2024 61A.03, 61A.05
Investment products, individual retirement account, Minn. Statutes 2024 354B.25
Requirements, Minn. Statutes 2024 61A.093
Riders, spendthrift clauses, Minn. Statutes 2024 61A.04
Variable basis contracts, see same under this topic
Cooperative casualty companies, see Cooperative or assessment plan companies under CASUALTY INSURANCE
Cooperative or assessment plan companies
Administrative supervision, insurance companies, Minn. Statutes 2024 60G.01 to 60G.09
Annual statement, policies, valuation, Minn. Statutes 2024 61A.46
Articles of incorporation, amendment, Minn. Statutes 2024 61A.43, 61A.48
Boards of directors, consolidation or reinsurance, taking of compensation or gratuity, theft, Minn. Statutes 2024 61A.47
Bylaws, Minn. Statutes 2024 61A.43, 61A.46, 61A.48
Capital, increase hazardous financial condition, Minn. Statutes 2024 60G.21
Consolidation, Minn. Statutes 2024 61A.47
Contested cases, hazardous financial condition, Minn. Statutes 2024 60G.21, 60G.22
Continued corporate existence, Minn. Statutes 2024 61A.39, 61A.48
Defined as insurers, Minn. Statutes 2024 60G.01
Dividends, suspension or limitation, hazardous financial condition, Minn. Statutes 2024 60G.21
Exceptions, life insurance law, Minn. Statutes 2024 61A.08
Expenses, Minn. Statutes 2024 61A.44, 61A.45
Generally, Minn. Statutes 2024 61A.39
Hazardous financial condition, Minn. Statutes 2024 60G.20 to 60G.22
Hearings, hazardous financial condition, Minn. Statutes 2024 60G.21
Insolvency, reserve balance, disposition, Minn. Statutes 2024 61A.51
Licenses, Minn. Statutes 2024 61A.40
Limitations, Minn. Statutes 2024 61A.50
Minnesota Life and Health Insurance Guaranty Association, see Coverage under MINNESOTA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
Mortality tables, Minn. Statutes 2024 61A.43
Officers, Minn. Statutes 2024 61A.47, 61A.48
Orders, hazardous financial condition, Minn. Statutes 2024 60G.21
Policies, see same under this topic
Reinsurance, Minn. Statutes 2024 61A.47
Reports given, Minn. Statutes 2024 60G.21
Reserves, Minn. Statutes 2024 61A.41, 61A.46, 61A.51, 61A.52
Surplus, increase, hazardous financial condition, Minn. Statutes 2024 60G.21
Violations and penalties, Minn. Statutes 2024 61A.45, 61A.47
Coverage
Certificates of insurance, Minn. Statutes 2024 61A.093
Change in, notice given, Minn. Statutes 2024 60A.084
Conflict of laws, Minn. Statutes 2024 61A.093
Continuation and conversion privileges, see same under this topic
Public employees insurance program, Minn. Statutes 2024 43A.316
Credit life insurance
Amount, limitations, Minn. Statutes 2024 62B.04
Banks, open end loan accounts, Minn. Statutes 2024 48.185
Definitions, Minn. Statutes 2024 60A.02, 62B.02
Regulated lenders, Minn. Statutes 2024 56.125, 56.155
Replacement, exemptions, Minn. Statutes 2024 61A.54
Term insurance, Minn. Statutes 2024 62B.03
Unfair trade practices, offenders or victims of crime, HIV tests, Minn. Statutes 2024 72A.20
Credit life insurance, generally, see CREDIT INSURANCE
Credit unions, Minn. Statutes 2024 52.04
Cybersecurity events, notice given, Minn. Statutes 2024 60A.9853
Data
Commerce Department, classification, Minn. Statutes 2024 61A.25
Cybersecurity events, notice given, Minn. Statutes 2024 60A.9853
Information security program, Minn. Statutes 2024 60A.985 to 60A.9858
Death benefits, lawsuits to recover, stranger-originated life insurance practices, Minn. Statutes 2024 60A.0789
Death benefits, variable life insurance policies
Applications, statement, Minn. Rules 2750.4200
Requirements, Minn. Rules 2750.1200, 2750.1300
Definitions
Accelerated benefits, Minn. Statutes 2024 61A.072
Actuarial opinions, Minn. Rules 2711.0210
Continuation and conversion privileges, Minn. Statutes 2024 61A.092
Contracts, variable basis, Minn. Statutes 2024 61A.13
Direct life insurance, Minn. Statutes 2024 61B.20
Life insurance policies, valuation, Minn. Rules 2747.0020, 2747.0050, 2748.0010
Replacement insurance, Minn. Statutes 2024 61A.53, 61A.60
Standard Nonforfeiture Law for Life Insurance, Minn. Statutes 2024 61A.24
Standard Valuation Law, Minn. Statutes 2024 61A.25
Unfair trade practices, Minn. Rules 2700.3100
Variable life insurance policies, Minn. Rules 2750.0100
Deposit life insurance, multiparty accounts, net contributions defined, Minn. Statutes 2024 524.6-201
Direct life insurance
Generally, Minn. Statutes 2024 61B.20
Minnesota Life and Health Insurance Guaranty Association, see Coverage under MINNESOTA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
Direct-response sales, replacement insurance, Minn. Statutes 2024 61A.58, 61A.60
Disclosures, policies, Minn. Statutes 2024 61A.072, 62S.10
Discrimination
Contracts, prohibited practices, Minn. Rules 2735.0100 to 2735.0500
Excepted practices, Minn. Statutes 2024 72A.20
Genetic Discrimination Act, Minn. Statutes 2024 72A.139
Sex-distinct and sex-neutral policies, exception, Minn. Rules 2748.0050
Dividends, policy provisions, Minn. Statutes 2024 61A.03
Double indemnity, rate regulation, exemption from law, Minn. Statutes 2024 70A.02
Employee welfare benefit plans, Minn. Statutes 2024 62H.10
Existing life insurance, identification, replacement insurance, Minn. Statutes 2024 61A.55, 61A.57, 61A.58
False, misleading, deceptive, or unfair practices, armed forces members, sales to, Minn. Rules 2753.0100 to 2753.0500
Fines, life insurance companies, adjustable policy loan interest rate violations, Minn. Statutes 2024 72A.135
Forfeitures, Standard Nonforfeiture Law for Life Insurance, Minn. Statutes 2024 61A.24
Forms, see under INSURANCE POLICIES
Group life insurance
Cancellation, Minn. Statutes 2024 60A.085
Certificate of insurance, Minn. Statutes 2024 61A.09
Change in benefits, notice by employer, Minn. Statutes 2024 60A.084
Claims, see same under this topic
Companies, see Life insurance companies under this topic
Continuation and conversion privileges, see same under this topic
Generally, Minn. Statutes 2024 61A.091
Insureds, lists, insurance companies, duties, Minn. Statutes 2024 60A.085
Job performance as basis for, Minn. Statutes 2024 181.82
Municipal employees, Minn. Statutes 2024 471.61
Payment limitation due to furtherance of terrorism, Minn. Statutes 2024 61A.09
Policies, see Group policies under this topic
Replacement coverage, Minn. Rules 2755.0100 to 2755.0500
Replacement, exemptions, Minn. Statutes 2024 61A.54
Restrictions, Minn. Statutes 2024 61A.09
Rulemaking, Minn. Statutes 2024 60A.082
Unfair or deceptive trade practices, Minn. Statutes 2024 72A.20
Valuation, application of rules, exceptions, Minn. Rules 2747.0010
Group policies
Cancellation, Minn. Statutes 2024 60A.085
Continuation and conversion privileges, see same under this topic
Generally, Minn. Statutes 2024 61A.09
Retroactive termination of coverage, Minn. Statutes 2024 60A.086
Guaranteed annual endowments, defined, Minn. Rules 2700.3100
Guaranty associations, Minn. Statutes 2024 61B.18 to 61B.32
Illustrations used in sale of
Applicability of law, Minn. Statutes 2024 61A.70
Basic illustrations, standards, Minn. Statutes 2024 61A.72
Certificates and certification, annual, Minn. Statutes 2024 61A.74
Copies, delivery, Minn. Statutes 2024 61A.73
Definitions, Minn. Statutes 2024 61A.705
Illustration actuaries, duties, Minn. Statutes 2024 61A.74
Notices about use, to Commerce Department, Minn. Statutes 2024 61A.71
Policies sold with, annual reports about, Minn. Statutes 2024 61A.735
Records and record keeping, Minn. Statutes 2024 61A.73
Requirements generally, Minn. Statutes 2024 61A.715
Supplemental illustrations, standards, Minn. Statutes 2024 61A.725
Violations, unfair or deceptive practices, Minn. Statutes 2024 61A.745
Incidental insurance benefits, variable life insurance policies
Charges, disclosure requirements, Minn. Rules 2750.3700
Defined, Minn. Rules 2750.0100
Mandatory requirements, Minn. Rules 2750.1300
Payment, Minn. Rules 2750.1500
Reserve liabilities, Minn. Rules 2750.2300
Insurable interests, required, Minn. Statutes 2024 60A.0783
Insurance Interest Act, Minn. Statutes 2024 60A.078, 60A.0789
Insurance taxes, Minn. Statutes 2024 297I.05
Insureds, Minnesota Life and Health Insurance Guaranty Association, Minn. Statutes 2024 61B.19, 61B.23, 61B.28, 61B.32
Interest
Policy loans, provisions, Minn. Statutes 2024 61A.03
Unpaid benefits, Minn. Statutes 2024 61A.011
Lawsuits
Replacement insurance, Minn. Statutes 2024 61A.59
Stranger-originated life insurance practices, recovery of death benefits, Minn. Statutes 2024 60A.0789
Life insurance companies
Abandonment of property, presumption, Minn. Statutes 2024 345.33
Actuarial opinions, see same under this topic
Actuaries, Minn. Statutes 2024 60A.803, 61A.25
Admitted assets, Minn. Statutes 2024 60L.02, 60L.08
Agreements by, reinsurance agreements, Minn. Statutes 2024 60A.803
Annual reports, contingency reserves, decision for excess, publication, Minn. Statutes 2024 61A.27
Annual statements, reserves, actuarial opinion, Minn. Statutes 2024 61A.25
Assessments, workers' compensation insurance, assigned risk plan, Minn. Statutes 2024 79.251
Assets
Acquisition of real property, costs, limitations, Minn. Statutes 2024 61A.31
Actuarial analysis, Minn. Statutes 2024 61A.25
Admitted assets, Minn. Statutes 2024 60L.02, 60L.08, 61A.283
Conversion to mutual corporations, Minn. Statutes 2024 66A.42
Definitions, Minn. Statutes 2024 60L.01
Generally, Minn. Statutes 2024 61A.276
Invested assets, valuation requirements, Minn. Statutes 2024 61A.28
Investments, limitations, Minn. Statutes 2024 61A.29, 61A.31, 61A.315
Investments of Insurers Act, treatment, Minn. Statutes 2024 61A.14
Minimum asset requirements, Minn. Statutes 2024 60L.01
Securities, lending restrictions, Minn. Statutes 2024 61A.282
Transfer, variable basis contract accounts, limitations, Minn. Statutes 2024 61A.14
Audits and examinations, Minn. Statutes 2024 60A.1291
Boards of directors, Minn. Statutes 2024 61A.25, 61A.28
Capital, Minn. Statutes 2024 60L.02
Capital stock life insurance companies, surplus, minimum requirement, Minn. Statutes 2024 60A.07
Combined stock and mutual companies, Minn. Statutes 2024 66A.35 to 66A.39
Conflict of laws, Investments of Insurers Act, prevailing law, Minn. Statutes 2024 60L.02
Conflicts of interest, investments, Minn. Statutes 2024 61A.282
Conservation, Minn. Statutes 2024 61A.55, 61A.59
Contingency reserves, Minn. Statutes 2024 61A.27
Continuation and conversion privileges, duties, Minn. Statutes 2024 61A.092
Contracts, deferred compensation, state plan, Minn. Statutes 2024 352.965
Conversion to mutual corporations, Minn. Statutes 2024 66A.42, 66A.43
Cooperative or assessment plan companies, see same under this topic
Cybersecurity events, notice given, Minn. Statutes 2024 60A.9853
Data, confidential or protected data, Minn. Statutes 2024 61A.25
Definitions
Generally, Minn. Statutes 2024 61A.01
Income and franchise taxes, Minn. Statutes 2024 290.01
Investments, Minn. Statutes 2024 61A.28
Investments of Insurers Act, Minn. Statutes 2024 60L.02
Risk-based capital requirements, Minn. Statutes 2024 60A.60
Disclosure, variable life insurance, Minn. Rules 2750.3700, 2750.4100
Dividends, Minn. Statutes 2024 66A.34
Existing insurers, Minn. Statutes 2024 61A.53, 61A.57
Financial requirements, minimum financial security benchmark, Minn. Statutes 2024 60L.01
Fines, plan, adjustable policy loan interest rates, violations, Minn. Statutes 2024 72A.135
Foreign insurance companies, see under INSURANCE COMPANIES
Foreign life insurance companies
Actuarial opinions, Minn. Rules 2711.0220
Modified guaranteed annuities, compliance with rules, Minn. Rules 2751.1100
Variable life insurance, compliance with rules, Minn. Rules 2750.4400
Forfeiture, discrimination in acceptance of risk, Minn. Statutes 2024 72A.12
Funding agreements, Minn. Statutes 2024 61A.276
Income and franchise taxes, exemption, Minn. Statutes 2024 290.05, 290.0922
Information security program, Minn. Statutes 2024 60A.985 to 60A.9858
Insolvency, risk-based capital requirements, Minn. Statutes 2024 60A.60 to 60A.696
Interstate Insurance Product Regulation Compact, Minn. Statutes 2024 60A.99, 60A.991
Investments by
Admitted assets, Minn. Statutes 2024 61A.283
Approvals, Minn. Statutes 2024 61A.28, 61A.281
Assets, limitations, Minn. Statutes 2024 61A.28, 61A.29, 61A.31, 61A.315
Capital stock of other insurance companies, Minn. Statutes 2024 61A.284
Conflict of laws, prevailing law, Minn. Statutes 2024 60L.02
Conflicts of interest, Minn. Statutes 2024 61A.282
Corporations, Minn. Statutes 2024 61A.281
Exemptions, Minn. Statutes 2024 61A.14, 61A.281
Foreign investments, Minn. Statutes 2024 60L.02, 61A.29
Generally, Minn. Statutes 2024 61A.28, 61A.29, 61A.31
Health maintenance organizations, Minn. Statutes 2024 61A.284
Hedging, Minn. Statutes 2024 60L.02, 61A.28
Joint investments, Minn. Statutes 2024 61A.30
Name in which held, Minn. Statutes 2024 61A.282
Orders, Minn. Statutes 2024 60L.02, 61A.28
Real property, Minn. Statutes 2024 60L.02, 61A.31
Requirements, Minn. Statutes 2024 60A.11
Restrictions, Minn. Statutes 2024 60L.02, 60L.08, 60L.11, 60L.14, 61A.28
Securities, Minn. Statutes 2024 60L.08, 61A.28
Subsidiary companies, Minn. Statutes 2024 60L.08, 61A.281
Substitution of law, Minn. Statutes 2024 60L.02
Investments by, variable life insurance, separate accounts, Minn. Rules 2750.3300 to 2750.3600, 2750.4100, 2750.4300
Investments of Insurers Act, Minn. Statutes 2024 60L.02
Liabilities
Minimum asset requirements, Minn. Statutes 2024 60L.01
Reserve liabilities, mortality tables for computing, Minn. Statutes 2024 61A.257
Liability, Minn. Statutes 2024 61A.25, 72A.12, 145B.11
Licenses, revocation or suspension, Minn. Statutes 2024 72A.12
Loans, Minn. Statutes 2024 61A.28, 61A.29
Loss experience, providing to insured, Minn. Statutes 2024 72A.20
Memberships, Minn. Statutes 2024 61A.31
Minimum financial security benchmark, Minn. Statutes 2024 60L.03
Misrepresentation of policies, Minn. Statutes 2024 72A.12, 72A.20
Mortality tables, reserves, Minn. Statutes 2024 61A.25, 61A.257
Mutual life insurance companies, see same under this topic
Name, trust, use prohibited, Minn. Statutes 2024 47.23
Notice given
Continuation of coverage, Minn. Statutes 2024 61A.092
Genetic tests, results, Minn. Statutes 2024 72A.139
Interest, policy loans, Minn. Statutes 2024 61A.03
Investments of Insurers Act, election for application or termination of application, Minn. Statutes 2024 60L.02
Meetings, conversion to mutual corporations, Minn. Statutes 2024 66A.42
Minimum standard of valuation for annuities and endowment contracts, compliance, Minn. Statutes 2024 61A.25
Notice regarding replacement, Minn. Statutes 2024 61A.58
Qualified actuaries, appointment, Minn. Statutes 2024 61A.25
Replacement insurance, Minn. Statutes 2024 61A.56 to 61A.58
Notice received, Minn. Statutes 2024 297I.20, 578.12
Officers, Minn. Statutes 2024 72A.12
Payments by, Minn. Statutes 2024 72A.139
Prohibited policies, issuance, Minn. Statutes 2024 72A.12
Record keeping, loans, Minn. Statutes 2024 61A.28
Records and record keeping, actuarial opinions, Minn. Rules 2711.0240
Reorganization plans, Minn. Statutes 2024 60B.17
Replacing insurers, see same under this topic
Reports given
Annuity issuers, Minn. Rules 2751.0500, 2751.1000
Variable life insurance, Minn. Rules 2750.4300
Reserves, see same under this topic
Contingency reserves, Minn. Statutes 2024 61A.27
Generally, Minn. Statutes 2024 61A.25
Investments of Insurers Act, Minn. Statutes 2024 60L.02
Liability, variable basis contracts, Minn. Statutes 2024 61A.14, 61A.21
Preneed funeral insurance, Minn. Statutes 2024 61A.258
Standard valuation, Minn. Statutes 2024 61A.14, 61A.25
Risk-based capital requirements, Minn. Statutes 2024 60A.60 to 60A.696
Rulemaking, Minn. Statutes 2024 61A.25, 61A.276, 61A.281
Securities, lending, Minn. Statutes 2024 60L.02, 61A.282
Separate accounts, Minn. Statutes 2024 61A.276
Modified guaranteed annuities, Minn. Rules 2751.0900
Variable life insurance policies, Minn. Rules 2750.3000 to 2750.3700
Single state exemptions, valuation manuals, Minn. Statutes 2024 61A.25
Stock companies, Minn. Statutes 2024 66A.35 to 66A.39
Subsidiaries, Minn. Statutes 2024 60L.08, 61A.281, 61A.284
Surplus, dividends on policies, Minn. Statutes 2024 66A.34
Trustees, Minn. Statutes 2024 66A.43
Underwriting standards, support for, Minn. Statutes 2024 72A.20
Unfair competition, Minn. Statutes 2024 72A.20
Unfair or deceptive trade practices, see same under this topic
Valuation of reserves, Minn. Statutes 2024 61A.14, 61A.25, 61A.258
Variable basis contracts, Minn. Statutes 2024 61A.17, 61A.20
Violations and penalties, Minn. Statutes 2024 72A.12, 72A.135, 72A.20
Life settlements, see VIATICAL SETTLEMENTS
Long-term care coverage included in life insurance products, Minn. Statutes 2024 61A.02
Long-term care insurance, exclusion, Minn. Statutes 2024 62S.01
Marketing standards, Minn. Rules 2790.0100 to 2790.2200
Missing persons, see Life insurance under MISSING PERSONS
Misstatement, policy not invalidated, Minn. Statutes 2024 61A.11
Mortality tables
2001 CSO Mortality Table
Application to valuation procedures, Minn. Rules 2747.0065
Defined, Minn. Rules 2748.0010
Incorporation by reference, Minn. Rules 2748.0020
Composite mortality tables, Minn. Rules 2748.0010, 2748.0030
Gender-blended tables, Minn. Rules 2748.0050
Generally, Minn. Rules 2752.0010 to 2752.0040
Preferred, for computing minimum reserve liabilities, Minn. Statutes 2024 61A.257
Smoker and nonsmoker, Minn. Statutes 2024 61A.255
Smoker and nonsmoker mortality tables, defined, Minn. Rules 2748.0010
Mutual life insurance companies
Boards of directors, duties, Minn. Statutes 2024 66A.35, 66A.39
Bylaws, Minn. Statutes 2024 60A.07, 66A.39
Certificate of incorporation, Minn. Statutes 2024 60A.07, 66A.39
Certificates of deposit, receipts, filing, Minn. Statutes 2024 60A.07
Control by, mutual property and casualty insurance companies, Minn. Statutes 2024 60A.02
Conversion to stock companies, reasonable dividend expectations, provisions, Minn. Statutes 2024 66A.41
Corporations, business law, Minn. Statutes 2024 60A.07
Cybersecurity events, notice given, Minn. Statutes 2024 60A.9853
Dividends, Minn. Statutes 2024 60A.07
Domestic insurance companies, conversion to mutual corporations, procedures, Minn. Statutes 2024 66A.42, 66A.43
Fraternal benefit societies, conversion to, Minn. Statutes 2024 64B.15
Generally, see MUTUAL INSURANCE COMPANIES
Guaranty funds, Minn. Statutes 2024 66A.35
Information security program, Minn. Statutes 2024 60A.985 to 60A.9858
Liability, guaranty funds, certificate holders, Minn. Statutes 2024 66A.35
Liquidation, Minn. Statutes 2024 60A.07, 66A.35
Members, Minn. Statutes 2024 66A.07
Mutual insurance company law, exemption, Minn. Statutes 2024 66A.01
Notice given
Cybersecurity events, Minn. Statutes 2024 60A.9853
Guaranty funds, reduction or retirement, Minn. Statutes 2024 66A.35
Policyholders, notice received, guaranty funds, reduction or retirement, Minn. Statutes 2024 66A.35
Seal, Minn. Statutes 2024 60A.07
Stockholder rights, Minn. Statutes 2024 66A.37
Surplus, Minn. Statutes 2024 60A.07, 66A.34
Temporary capital stock, Minn. Statutes 2024 66A.33
National Guard, state-sponsored life insurance program, Minn. Statutes 2024 192.552
Net value, Minn. Statutes 2024 60A.03
Nonforfeiture benefits, Minn. Statutes 2024 61A.24
Notice given
Annual notice to policy holder, Minn. Statutes 2024 61A.012
Cybersecurity events, Minn. Statutes 2024 60A.9853
Nursing facilities, medical assistance, self-insurance costs, Minn. Statutes 2024 256R.12
Orders, life insurance companies
Investments, Minn. Statutes 2024 61A.28
Investments of Insurers Act, termination of application, Minn. Statutes 2024 60L.02
Policies
Accelerated benefits, Minn. Statutes 2024 60A.06, 61A.072, 62S.23, 62S.31
Applications, Minn. Statutes 2024 61A.05, 61A.071
Armed forces or National Guard members, unfair trade practices, Minn. Statutes 2024 72A.20
Aviation risk exclusions, Minn. Statutes 2024 61A.06
Beneficiaries, Minn. Statutes 2024 309.72
Cancellation, Minn. Statutes 2024 61A.072, 297I.01
Cash surrender, moratorium, reorganization of companies, Minn. Statutes 2024 60B.17
Cash surrender value, Minn. Statutes 2024 61A.24, 61A.60
Changed policies, reserve requirements, Minn. Rules 2747.0030
Conflict of laws, clause, Minn. Statutes 2024 61A.23
Contract segmentation method, Minn. Rules 2747.0020
Contracts, Minn. Statutes 2024 61A.08, 61A.093
Cooperative or assessment plan life insurance policies, Minn. Statutes 2024 61A.42, 61A.43, 61A.46, 61A.48
Coverage, notice of limitations and exclusions, Minn. Statutes 2024 61A.28
Credit life insurance, see Policies under CREDIT INSURANCE
Definitions, Minn. Statutes 2024 61A.60
Definitions, unfair trade practices, Minn. Rules 2700.3100
Description, Minn. Statutes 2024 61A.03
Disclosures, Minn. Statutes 2024 61A.072, 62S.10
Endorsements, filing fees, Minn. Rules 2605.0300, 2605.0500
Filing fees, generally, Minn. Rules 2605.0300, 2605.0400, 2605.0500
Forfeitures, Minn. Statutes 2024 61A.07
Forms, name or title requirements, Minn. Rules 2700.3200
Gender-blended mortality tables, Minn. Rules 2748.0050
Generally, Minn. Statutes 2024 61A.02
Graded death benefits, Minn. Statutes 2024 72A.207
Group life insurance, Minn. Statutes 2024 61A.09
Group life insurance certificates, valuation, application of rules, exceptions, Minn. Rules 2747.0010
Group policies, see same under this topic
Guaranty associations, Minn. Statutes 2024 61B.18 to 61B.32
Health plan companies, Minn. Statutes 2024 62Q.02
Illustrations used in sale of, see same under this topic
Impairment, health care directives or instructions, effect, Minn. Statutes 2024 145C.12
Insureds, lawsuits, replacement insurance, Minn. Statutes 2024 61A.59
Investments in, Minn. Statutes 2024 50.14
Issuance, living wills, effect, Minn. Statutes 2024 145B.11
Juvenile policies, unitary reserves exemptions, Minn. Rules 2747.0040
Lapse, Minn. Statutes 2024 61A.60
Loans, Minn. Statutes 2024 60B.17, 61A.03, 61A.07, 72A.135
Long-term care coverage included in life insurance products, Minn. Statutes 2024 61A.02
Loss experience, providing, exemption, Minn. Statutes 2024 72A.20
Marketing, direct response marketing, applications, Minn. Statutes 2024 61A.071
Medicare select policies and certificates, Minn. Statutes 2024 62A.318
Minnesota Life and Health Insurance Guaranty Association, see Coverage under MINNESOTA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
Misstatement, policy not invalidated, Minn. Statutes 2024 61A.11
Nonforfeiture, provisions, Minn. Statutes 2024 61A.24
Personal information, authorization for disclosure, Minn. Statutes 2024 72A.501
Policies combined with qualified long-term care policies, renewal, Minn. Statutes 2024 62S.20
Policyholders, Minn. Statutes 2024 60A.09, 61A.59
Prohibited provision, Minn. Statutes 2024 61A.07
Property and casualty insurance agents, sales quotas prohibited, Minn. Statutes 2024 60A.178
Provisions required
Accelerated benefits, Minn. Statutes 2024 61A.072
Disclosures, Minn. Statutes 2024 61A.072
Entire contract in policy, Minn. Statutes 2024 61A.03, 61A.05
Generally, Minn. Statutes 2024 61A.03
Policies covering nonresidents, Minn. Statutes 2024 61A.093
Spendthrift clauses, Minn. Statutes 2024 61A.04
Qualified long-term care benefits, Minn. Statutes 2024 62S.10, 62S.11
Readability, Minn. Statutes 2024 72C.11, 72C.13
Reentry provisions, valuation, application of rules, exceptions, Minn. Rules 2747.0010
Riders, filing fees, Minn. Rules 2605.0300
Riders, qualified long-term care benefits, summaries, Minn. Statutes 2024 62S.10
Rulemaking, Minn. Statutes 2024 61A.03
Sale, Minn. Statutes 2024 60A.179, 61A.072, 145B.11
Secondary guarantee period, Minn. Rules 2747.0010, 2747.0050
Secondary guarantee policies, Minn. Rules 2747.0050, 2748.0040
Sex-distinct or sex-neutral policies, Minn. Rules 2748.0050
Single policy, sale of life insurance and annuity, Minn. Statutes 2024 61A.021
Standards, Interstate Insurance Product Regulation Compact, Minn. Statutes 2024 60A.99, 60A.991
Supplemental contracts, sale, Minn. Statutes 2024 61A.072
Surrender, Minn. Statutes 2024 61A.60, 297I.01
Term life insurance, attained-age-based yearly renewable policies, reserves, optional exemption, Minn. Rules 2747.0040
Tying with annuities, Minn. Statutes 2024 61A.021
Universal life policies
Defined, Minn. Rules 2747.0020
Valuation, application of rules, exceptions, Minn. Rules 2747.0010, 2747.0040
Validity, Minn. Statutes 2024 145B.11, 145C.12
Valuation, see same under this topic, Minn. Statutes 2024 60A.14
Variable life insurance policies, see same under this topic
Violations and penalties, Minn. Statutes 2024 61A.021, 72A.12
War risk exclusions, Minn. Statutes 2024 61A.06
Policyholders, reports received
Modified guaranteed annuities, Minn. Rules 2751.1000
Variable life insurance policies, Minn. Rules 2750.4300
Preneed funeral insurance, Minn. Statutes 2024 61A.258
Proceeds
Attachment, exemption from, Minn. Statutes 2024 550.143, 550.39, 570.025, 570.026
Garnishment, exemption from, Minn. Statutes 2024 550.143, 571.72, 571.912, 571.931, 571.932
Producers
Licensing, Minn. Statutes 2024 60K.38, 60K.55
Personal solicitation, Minn. Statutes 2024 60K.46
Profit-sharing policies, defined, Minn. Rules 2700.3100
Public employees insurance program, see under PUBLIC EMPLOYEES
Public Employees Retirement Association, program requirements, Minn. Statutes 2024 353.03
Reciprocals or interinsurance exchanges, indemnity, exception, Minn. Statutes 2024 71A.01
Refunds, filing fees, prohibited, Minn. Rules 2605.0400
Regional treatment center clients, personal property, exclusion, Minn. Rules 9515.2500
Reinsurance
Actuarial opinions, see same under this topic
Cooperative or assessment plan companies, Minn. Statutes 2024 61A.47
Generally, Minn. Statutes 2024 60A.803
Term reinsurance, yearly renewable, optional reserves exemption, Minn. Rules 2747.0040
Replacement insurance
Agents, solicitors, and brokers, Minn. Statutes 2024 61A.55, 61A.57, 61A.59
Applicants, Minn. Statutes 2024 61A.55 to 61A.58
Definitions, Minn. Statutes 2024 61A.53, 61A.60
Direct-response sales, Minn. Statutes 2024 61A.58, 61A.60
Exemptions, Minn. Statutes 2024 61A.54
Generally, Minn. Statutes 2024 61A.53 to 61A.60
Lawsuits, Minn. Statutes 2024 61A.59
Notice regarding replacement, Minn. Statutes 2024 61A.55, 61A.57, 61A.58, 61A.60
Prima facie evidence, policyholders, patterns of action, Minn. Statutes 2024 61A.59
Replacement registers, Minn. Statutes 2024 61A.57, 61A.58
Replacement insurance, group life insurance, Minn. Rules 2755.0100 to 2755.0500
Replacing insurers
Definitions, Minn. Statutes 2024 61A.53
Notice received, notice regarding replacement, copies, Minn. Statutes 2024 61A.55
Replacing insurance, duties, Minn. Statutes 2024 61A.57, 61A.58
Reporting, deficiency reserves, actuarial reports, Minn. Rules 2747.0030
Reserves
Actuarial opinions, see same under this topic
Adequacy, documentation, Minn. Rules 2747.0030
Attained-age-based yearly renewable term life insurance policies, optional exemption, Minn. Rules 2747.0040
Basic reserves
2001 CSO Mortality Table, Minn. Rules 2747.0065
Calculation, Minn. Rules 2747.0030, 2747.0040, 2748.0040
Generally, Minn. Rules 2747.0040
Minimum reserve liabilities, computation, Minn. Rules 2747.0030
Secondary guarantee, Minn. Rules 2747.0050
Changed policies, Minn. Rules 2747.0030
Deficiency reserves
Actuarial opinions and reports, Minn. Rules 2747.0030
Calculation, Minn. Rules 2747.0030, 2747.0040, 2748.0040
Generally, Minn. Rules 2747.0040
Secondary guarantees, Minn. Rules 2747.0050
Select mortality factors, use, Minn. Rules 2747.0030
Definitions, Minn. Rules 2747.0020
Guaranteed cash surrender values, unusual pattern, Minn. Rules 2747.0040
Minimum mortality standard, Minn. Rules 2747.0030
Minimum reserves, secondary guarantee period, Minn. Rules 2747.0050
Modified guaranteed annuities, Minn. Rules 2751.0800
Secondary guarantee period policies, Minn. Rules 2747.0050, 2748.0040
Segmented reserves, Minn. Rules 2747.0020, 2747.0030
Select mortality factors, use, Minn. Rules 2747.0030
Standard valuation, Minn. Rules 2747.0020
Unitary reserves, Minn. Rules 2747.0040
Variable life insurance policies, Minn. Rules 2750.2100 to 2750.2300
Yearly renewable term reinsurance, optional exemption, Minn. Rules 2747.0040
Risk
Discrimination, Minn. Statutes 2024 72A.12
Risk management services, see RISK MANAGEMENT SERVICES
Risk, defined, Minn. Rules 2700.3100
Rules, filing fees, Minn. Rules 2605.0500
Sale
Direct-response sale, Minn. Statutes 2024 61A.53, 61A.58, 61A.60
Savings banks, sale by, Minn. Statutes 2024 50.085
Sales, false, misleading, deceptive, or unfair practices, sales to armed forces members, Minn. Rules 2753.0100 to 2753.0500
Savings associations, Minn. Statutes 2024 51A.041, 51A.37
Scope of rules
Valuation, Minn. Rules 2747.0020
Variable life insurance policies, Minn. Rules 2750.0200
Select mortality factors
Election for use, Minn. Rules 2747.0030
Female, Minn. Rules 2747.0060
Male, Minn. Rules 2747.0060
Sex-blended tables, Minn. Rules 2747.0060
Smoker and nonsmoker mortality tables, Minn. Rules 2748.0010, 2748.0030
Ten-year, Minn. Rules 2747.0020, 2747.0030
Self-insurance employee health plans, Minn. Statutes 2024 60A.23
Separate accounts, Minn. Rules 2747.0010
Settlements, Minnesota family investment program (MFIP), income exclusions, Minn. Statutes 2024 142G.16
Standard Nonforfeiture Law for Life Insurance, Minn. Statutes 2024 61A.24
Standard Valuation Law, citation, Minn. Statutes 2024 61A.25
State deferred compensation plans, investment options, Minn. Statutes 2024 356.645
State nursing home residents, personal property, exclusion, Minn. Rules 9515.2500
Stock companies, Minn. Statutes 2024 66A.35 to 66A.39
Stranger-originated life insurance practices (STOLI)
Change of ownership or beneficiary requests, Minn. Statutes 2024 60A.0787
Citation, Insurable Interest Act, Minn. Statutes 2024 60A.078
Definitions, Minn. Statutes 2024 60A.0782
Fraudulent acts, Minn. Statutes 2024 60A.0788
Insurable interests, required, Minn. Statutes 2024 60A.0783
Lawsuits to recover death benefits, Minn. Statutes 2024 60A.0789
Presumption of STOLI practices, Minn. Statutes 2024 60A.0786
Prohibited practices, Minn. Statutes 2024 60A.0784, 60A.0785
Suitability
Recommendations, Minn. Statutes 2024 72A.20
Requirement, personal solicitation of insurance, Minn. Statutes 2024 60K.46
Term life insurance, policies, see Policies under this topic
Trustees, selection of payment mode, Minn. Statutes 2024 501C.0816
Unfair competition, Minn. Statutes 2024 72A.20
Unfair or deceptive trade practices
Agents, solicitors, and brokers, Minn. Rules 2700.3100 to 2700.3400
Definitions, Minn. Rules 2700.3100
Generally, Minn. Statutes 2024 72A.20, Minn. Rules 2700.3200
Misdemeanor, Minn. Statutes 2024 72A.12
Policies, Minn. Rules 2700.3100 to 2700.3400
Policies, tying with annuities, Minn. Statutes 2024 61A.021
Senior-specific certifications and professional designations use prohibited, Minn. Statutes 2024 72A.204
Viatical settlements, violations, Minn. Statutes 2024 60A.9585
Unfair trade practices
Generally, Minn. Rules 2700.3100 to 2700.3400
Sex-distinct and sex-neutral policies, exception, Minn. Rules 2748.0050
Violations and penalties, Minn. Rules 2700.3300
Valuation
Application of rules, Minn. Rules 2747.0010
CSO valuation tables (1980), defined, Minn. Rules 2747.0020
Definitions, Minn. Rules 2747.0020
Maximum valuation interest rates, defined, Minn. Rules 2747.0020
Minimum valuation standards
2001 CSO Mortality Table, Minn. Rules 2747.0065, 2748.0010 to 2748.0050
Calculation, Minn. Rules 2747.0010
Guaranteed nonlevel benefits other than universal life policies, Minn. Rules 2747.0010, 2747.0040
Mortality tables, election for use in calculation, Minn. Rules 2747.0030, 2747.0065, 2748.0010 to 2748.0050
Scope of rules, Minn. Rules 2747.0020
Standards
Effective date, Minn. Rules 2747.0060
Guaranteed nonlevel benefits policies, Minn. Rules 2747.0040
Secondary guarantee period policies, Minn. Rules 2747.0050
Variable basis contracts
Accounts, Minn. Statutes 2024 61A.14
Approval, disapproved contracts, use unlawful, Minn. Statutes 2024 61A.18
Cancellation, Minn. Statutes 2024 72A.51, 72A.52
Company requirements, Minn. Statutes 2024 61A.19
Definitions, Minn. Statutes 2024 61A.13
Disapproved contracts, use unlawful, Minn. Statutes 2024 61A.18
Filing, Minn. Statutes 2024 61A.17
Investments, Minn. Statutes 2024 61A.14
Producer licenses
Education, Minn. Statutes 2024 60K.36
Fees, Minn. Statutes 2024 60K.55
Issuance, Minn. Statutes 2024 60K.38
Life insurance producer license, proof required, Minn. Statutes 2024 60K.37
Provisions, Minn. Statutes 2024 61A.15, 61A.16
Requirements, Minn. Statutes 2024 61A.19
Reserves, liability, Minn. Statutes 2024 61A.21
Rulemaking, Minn. Statutes 2024 61A.17, 61A.20
State deferred compensation plans, investment options, Minn. Statutes 2024 356.645
Variable basis contracts, valuation, application of rules, exceptions, Minn. Rules 2747.0010
Variable life insurance policies
Agents, qualification, Minn. Rules 2750.4500
Application of rules, Minn. Rules 2750.0300, 2750.3000
Applications, Minn. Rules 2750.4100, 2750.4200
Authority for rules, Minn. Rules 2750.0200
Benefit requirements, Minn. Rules 2750.1200
Cash value, Minn. Rules 2750.1200, 2750.1300, 2750.4200
Death benefits, Minn. Rules 2750.1200, 2750.1300, 2750.4200
Definitions, Minn. Rules 2750.0100
Design requirements, Minn. Rules 2750.1200
Filing, Minn. Rules 2750.0300, 2750.3600, 2750.4500
Foreign life insurance companies, compliance with rules, Minn. Rules 2750.4400
Form, conformance with statutes, Minn. Rules 2750.1100
Information about, Minn. Rules 2750.4100
Insurers, generally, Minn. Rules 2750.0300
Loan provisions, Minn. Rules 2750.1400
Nonforfeiture provisions, Minn. Rules 2750.1300
Participating basis provisions, Minn. Rules 2750.1500
Provisions, Minn. Rules 2750.1300 to 2750.1500
Reports about, Minn. Rules 2750.4300
Requirements, generally, Minn. Rules 2750.1300
Reserve liabilities, Minn. Rules 2750.2100 to 2750.2300
Sale, qualifications of agents, Minn. Rules 2750.4500
Scope of rules, Minn. Rules 2750.0200
Separate accounts
Amounts, Minn. Rules 2750.3200
Application of rules, Minn. Rules 2750.3000
Charges against, Minn. Rules 2750.3700
Investments by, Minn. Rules 2750.3300, 2750.3600
Ownership, Minn. Rules 2750.3400
Requirements, generally, Minn. Rules 2750.3100
Valuation, Minn. Rules 2750.3500
Suicide exclusions, Minn. Rules 2750.1500
Viatical settlements, Minn. Statutes 2024 60A.957 to 60A.9585, 60A.964, 62S.01
Waivers
Dividends, apportioning, waiver prohibited, Minn. Statutes 2024 66A.34