§ 58-50-65. Certain policies of insurance not affected. - North Carolina Statutes

Part 3. Scope and Sanctions.

§ 58‑50‑65. Certain policies of insurance not affected.

(a)        Nothing in Articles50 through 55 of this Chapter applies to or affects any policy of liability orworkers' compensation insurance, except that the provisions of G.S. 58‑50‑56(g)and (h) apply to policies of workers' compensation insurance and to individualand group self‑funded workers' compensation insurance plans. If there isany conflict between managed care provisions of this Chapter and managed careprovisions of Chapter 97 of the General Statutes with respect to workers'compensation insurance, the provisions of Chapter 97 govern.

(b)        Nothing in Articles50 through 55 of this Chapter shall apply to or in any way affect contractssupplemental to contracts of life or endowment insurance where suchsupplemental contracts contain no provisions except such as operate tosafeguard such insurance against lapse or to provide special benefits thereforin the event that the insured shall be totally, or totally and permanentlydisabled by reason of accidental bodily injury or by sickness, nor to contractsissued as supplements to life insurance contracts or contracts of endowmentinsurance, and intended to increase the amount insured by such life orendowment contracts in the event that the death or disability of the insuredshall result from accidental bodily injuries: Provided, that no suchsupplemental contracts shall be issued or delivered to any person in this Stateunless and until a copy of the form thereof has been submitted to and approvedby the Commissioner under such reasonable rules and regulations as he shallmake concerning the provisions in such contracts, and their submission to andapproval by him.

(c)        Nothing in Articles50 through 55 of this Chapter shall apply to or in any way affect fraternalbenefit societies.

(d)        The provisions ofG.S. 58‑51‑5(5) and G.S. 58‑51‑15(a)(1), (4), and (10)may be omitted from railroad ticket policies sold only at railroad stations orat railroad ticket offices by railroad employees. (1911, c. 209, s. 5; 1913, c.91, s. 12; C.S., s. 6489; 1921, c. 136, s. 5; 1945, c. 385; 1947, c. 721; 1991,c. 636, s. 3; c. 720, ss. 4, 42; 1993 (Reg. Sess., 1994), c. 679, s. 10.4;1995, c. 193, s. 42; 1999‑219, s. 4.1.)