{"data":{"id":"us-ky/krs-304.15-045","jurisdiction":"us-ky","citation":"KRS 304.15-045","heading":"Letter of acceptance and financing agreement to be part of college life","body":"insurance policy.\nNo college life insurance policy shall be sold or delivered in this Commonwealth unless\nthe following provisions are complied with:\n(1) A letter of acceptance, on a form approved by the commissioner, is presented to the\nproposed insured, setting forth the conditions concerning the financing agreement,\nthe due date of the note, the amount of the note, the annual rate of interest on the\nnote, and the annual premium on the policy;\n(2) The acceptance letter must be signed by the proposed insured, agreeing that he has\nread and understands the conditions, a copy to be retained by the insured, and a\ncopy to be retained by the agent and company;\n(3) A copy of a financin g arrangement is to be attached to and made a part of the\ncontract.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=17199","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:44Z","sha256":"1b5b9b2ab83940a5444c4fa4f3f2c9aaada0a5e86cba85cea5684f92ac640c06","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.15-040","next":"us-ky/krs-304.15-050"},"notice":"GroundRules: Original legal text. Not legal advice."}