Section 418:15 Benefits. - New Hampshire Statutes

   I. A society may provide the following contractual benefits in any form:
      (a) Death benefits;
      (b) Endowment benefits;
      (c) Annuity benefits;
      (d) Temporary or permanent disability benefits;
      (e) Hospital, medical or nursing benefits;
      (f) Monument or tombstone benefits to the memory of deceased members; and
      (g) Such other benefits as authorized for life insurers and which are not inconsistent with this chapter.
   II. A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in paragraph I, consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.

Source. 2003, 182:1, eff. Jan. 1, 2004.