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Title 24-A, Chapter 29: LIFE INSURANCE AND ANNUITY CONTRACTS
24-A §2501. Scope of chapter 
24-A §2502. Industrial life insurance defined 
24-A §2503. Standard provisions required 
24-A §2504. Payment of premiums 
24-A §2505. Grace period 
24-A §2506. Entire contract 
24-A §2507. Incontestability 
24-A §2508. Misstatement of age 
24-A §2509. Dividends 
24-A §2510. Policy loan 
24-A §2511. Table of installments 
24-A §2512. Reinstatement 
24-A §2513. Payment of claims 
24-A §2514. Beneficiary, industrial policies 
24-A §2515. Title 
24-A §2515-A. Right to examine and return policy 
24-A §2516. Excluded or restricted coverage 
24-A §2517. Standard provisions -- annuity and pure endowment contracts 
24-A §2518. Grace period -- annuities 
24-A §2519. Incontestability -- annuities 
24-A §2520. Entire contract -- annuities 
24-A §2521. Misstatement of age or sex -- annuities 
24-A §2522. Dividends -- annuities 
24-A §2523. Reinstatement -- annuities 
24-A §2524. Standard provisions -- reversionary annuities 
24-A §2525. Limitation of liability 
24-A §2526. Prohibited provisions 
24-A §2526-A. Acquired Immune Deficiency Syndrome 
24-A §2527. Provisions required by law of other jurisdiction 
24-A §2528. Short title 
24-A §2529. Nonforfeiture provisions 
24-A §2530. Cash surrender value 
24-A §2531. Paid-up nonforfeiture benefits 
24-A §2532. Adjusted premiums for policies issued before the operative date of section 2532-A 
24-A §2532-A. Adjusted premiums for policies issued on or after January 1, 1989, or elected operative date of this section 
24-A §2532-B. Superintendent's authority to approve certain new plans 
24-A §2533. Calculation of cash surrender value of certain policies on default 
24-A §2533-A. Additional provisions for policies issued after January 1, 1987 
24-A §2534. Exceptions 
24-A §2535. Incontestability, limitation of liability after reinstatement 
24-A §2536. Participating, nonparticipating policies -- right to issue 
24-A §2537. Separate accounts 
24-A §2538. Prohibited policy plans 
24-A §2539. Holding proceeds of policies in trust 
24-A §2540. "Wholesale life insurance" defined 
24-A §2541. Short title 
24-A §2542. Applicability 
24-A §2543. Nonforfeiture provisions 
24-A §2544. Minimum values 
24-A §2545. Computation of present value 
24-A §2546. Calculation of cash surrender values 
24-A §2547. Calculation of paid-up annuity benefits 
24-A §2548. Maturity date 
24-A §2549. Disclosure of limited death benefits 
24-A §2550. Inclusion of lapse of time considerations 
24-A §2551. Proration of values; additional benefits 
24-A §2552. Definitions 
24-A §2553. Maximum rate of interest on policy loans 
24-A §2554. Applicability to existing policies 
24-A §2555. Inclusion of nursing home benefits in life insurance policies 
24-A §2556. Notification prior to lapse or termination 
The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.
Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007
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