reglab/housing_qa huggingface dataset:
WY Stat § 26-15-129 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 15 - The Insurance Contract|Article 1 - In General|Section 26-15-129 - Exemption of Proceeds; Life Insurance.

26-15-129. Exemption of proceeds; life insurance.| (a) If a policy of insurance is executed by any person on his own life or on another life, in favor of a person other than himself, or except in cases of transfer with intent to defraud creditors, if a policy of life insurance is assigned or in any way made payable to that person, the lawful beneficiary or assignee thereof, other than the insured or the person executing insurance or executors or administrators of the insured or the person executing the insurance, are entitled to its proceeds, including death benefits, cash surrender and loan values, premiums waived and dividends, whether used in reduction of premiums or otherwise, excepting only where the debtor, subsequent to issuance of the policy, has actually elected to receive the dividends in cash, against the creditors and representatives of the insured and of the person executing the policy, and are not liable to be applied by any legal or equitable process to pay any debt or liability of the insured individual or his beneficiary or of any other person having a right under the policy, whether or not:  (i) The right to change the beneficiary is reserved or permitted; and  (ii) The policy is made payable to the person whose life is insured if the beneficiary or assignee predeceases that person, and the proceeds are exempt from all liability for any debt of the beneficiary existing at the time the policy is made available for his use.  (b) However, subject to the statute of limitations, the amount of any premiums paid for insurance with intent to defraud creditors, with interest thereon, shall inure to their benefit from the policy proceeds; but the insurer issuing the policy is discharged of all liability thereon by payment of its proceeds in accordance with its terms, unless before payment the insurer receives written notice at its home office, by or in behalf of a creditor of:  (i) A claim to recover for transfer made or premiums paid with intent to defraud creditors;  (ii) The amount claimed along with facts as will assist the insurer to ascertain the particular policy.  (c) For the purposes of subsections (a) and (b) of this section, a policy is payable to a person other than the insured if and to the extent that a facility-of-payment clause or similar clause in the policy permits the insurer to discharge its obligation after the death of the individual insured by paying the death benefits to a person as permitted by the clause.
WY Stat § 26-15-130 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 15 - The Insurance Contract|Article 1 - In General|Section 26-15-130 - Exemption of Proceeds; Disability Insurance.

26-15-130. Exemption of proceeds; disability insurance.| Except as otherwise provided by the policy or contract, the proceeds of all contracts of disability insurance and of provisions specifying benefits because of the insured's disability, which are supplemental to any life insurance or annuity contracts executed, are exempt from all liability for any debt of the insured and from any debt of the beneficiary existing at the time the proceeds are made available for his use.
WY Stat § 26-15-131 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 15 - The Insurance Contract|Article 1 - In General|Section 26-15-131 - Exemption of Proceeds; Group Insurance.

26-15-131. Exemption of proceeds; group insurance.| (a) A policy of group life insurance or group disability insurance or the proceeds thereof, including death benefits, cash surrender and loan values, premiums waived and dividends, whether used in reduction of premiums or otherwise, excepting only where the debtor, subsequent to issuance of the policy, has actually elected to receive the dividends in cash, payable to the individual insured or to the named beneficiary are not liable to be applied by any legal or equitable process to pay any debt or liability of the insured individual or his beneficiary or of any other person having a right under the policy. The proceeds, when not made payable to a named beneficiary, or to a third person pursuant to a facility-of-payment clause, do not constitute a part of the insured individual's estate for the payment of his debts.  (b) This section does not apply to group insurance issued pursuant to this code to a creditor covering his debtors, to the extent that the proceeds are applied to payment of the obligation for the purpose of which the insurance is issued.
WY Stat § 26-15-132 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 15 - The Insurance Contract|Article 1 - In General|Section 26-15-132 - Exemption of Proceeds; Annuity Contracts; Assignability of Rights.

26-15-132. Exemption of proceeds; annuity contracts; assignability of rights.| (a) The benefits, rights, privileges and options which under any annuity contract issued are due or prospectively due the annuitant, are not subject to execution nor is the annuitant compelled to exercise any such rights, powers or options. Creditors are not allowed to interfere with or terminate the contract, except:  (i) As to amounts paid for or as premium on the annuity with intent to defraud creditors, with interest thereon, and of which the creditor gives the insurer written notice at its home office prior to the making of the payment to the annuitant out of which the creditor seeks to recover, which notice shall specify:  (A) The amount claimed or facts to enable the ascertainment of the amount; and  (B) Facts to enable the insurer to ascertain the annuity contract, the annuitant and the payment sought to be avoided on the ground of fraud.  (ii) The total exemption of benefits presently due and payable to any annuitant periodically or at stated times under all annuity contracts under which he is an annuitant shall not at any time exceed three hundred fifty dollars ($350.00) per month for the length of time represented by the installments, and any periodic payments in excess of three hundred fifty dollars ($350.00) per month are subject to garnishee execution to the same extent as are wages and salaries;  (iii) If the total benefits presently due and payable to any annuitant under any annuity contracts at any time exceed three hundred fifty dollars ($350.00) per month, the court may order the annuitant to pay to a judgment creditor or apply on the judgment, in installments, that portion of the excess benefits as to the court appear just and proper, after regard for the reasonable requirements of the judgment debtor and his family, if dependent upon him, as well as any payments required to be made by the annuitant to other creditors under prior court order.  (b) If the contract provides, the benefits, rights, privileges or options accruing under that contract to a beneficiary or assignee are not transferable nor subject to commutation, and if the benefits are payable periodically or at stated times, the same exemptions and exceptions contained in this section for the annuitant, apply to the beneficiary or assignee.
WY Stat § 26-15-133 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 15 - The Insurance Contract|Article 1 - In General|Section 26-15-133 - Retention of Proceeds of Policy by Company.

26-15-133. Retention of proceeds of policy by company.| (a) Any life insurer may hold the proceeds of any life or endowment insurance or annuity contract it issues:  (i) Upon the terms and restrictions as to revocation by the insured and control by beneficiaries;  (ii) With the exemptions from legal process and the claims of creditors of beneficiaries, other than the insured; and  (iii) Upon any other terms and conditions, regardless of the time and manner of payment of proceeds, agreed to in writing by the insurer and the insured or beneficiary.  (b) The insurer is not required to segregate funds held under subsection (a) of this section but may hold them as a part of its general corporate assets.  (c) The provisions of this section do not impair or affect any rights of creditors under W.S. 26-15-129 or 26-15-132.
WY Stat § 26-15-134 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 15 - The Insurance Contract|Article 1 - In General|Section 26-15-134 - Venue of Suits Against Insurers.

26-15-134. Venue of suits against insurers.| Suit upon causes of action arising within this state against an insurer over an insurance contract shall be brought in the county where the cause of action arose or in the county where the policyholder instituting the action resides.
WY Stat § 26-15-136 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 15 - The Insurance Contract|Article 1 - In General|Section 26-15-136 - Assignment of Insurance Proceeds to Doctor, Hospital or State Agency; Lien for State Care; Notice of Lien.

26-15-136. Assignment of insurance proceeds to doctor, hospital or state agency; lien for state care; notice of lien.| (a) Whenever a contract by a third party agency provides for payment to a beneficiary under the contract for expenses incurred by him for medical, surgical or hospital care, the beneficiary shall assign the benefits of the contract to the Wyoming department of health or any doctor or hospital, or other practitioner rendering the care in an amount equal to the value of the care rendered. Notification sent by registered or certified mail to the third party agency, with a copy to the insured, shall provide authority for the payment directly by the third party agency to the assignee. The state shall have a lien, in an amount equal to the care rendered, on the proceeds of the contracts for care rendered by any hospital, institution or other facility, written notice of which shall provide authority for payment directly by the third party agency to the state.  (b) Whenever there is in existence a contract between an insurer and an insured for payment to, or on behalf of, an applicant or recipient of medical assistance under the contract for expenses incurred by the applicant or recipient for medical services, including physician services, nursing services, pharmaceutical services, surgical care and hospital care, the assignment of the benefits of the contract by the applicant or recipient or a legally liable party shall, upon receipt of notice from the assignee, provide authority for payment by the insurer directly to the assignee. If notice is provided by the assignee to the insurer in accordance with the provisions of W.S 42-4-204, the insurer shall be liable to the assignee for any amount payable to the assignee under the contract.
WY Stat § 26-16-101 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-101 - Scope and Applicability of Chapter.

26-16-101. Scope and applicability of chapter.| This chapter, except W.S. 26-16-118, 26-16-120 and 26-16-505, applies only to contracts of life insurance and annuities, other than reinsurance, group life insurance and group annuities.
WY Stat § 26-16-102 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-102 - Standard Provisions Required.

26-16-102. Standard provisions required.| (a) No life insurance policy, other than group and pure endowments with or without return of premiums or of premiums and interest, shall be delivered or issued for delivery in this state unless it contains provisions conforming in substance to each of the applicable provisions specified in W.S. 26-16-103 through 26-16-114. This section does not apply to annuity contracts nor to any provisions of a life insurance policy, or contract supplemental thereto, relating to disability benefits or to additional benefits in case of death by accident or accidental means.  (b) Any of the provisions or portions thereof not applicable to single premium or term policies, to that extent, shall not be incorporated in the policy.
WY Stat § 26-16-103 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-103 - Grace Period.

26-16-103. Grace period.| A grace period of thirty (30) days, or, at the insurer's option, of one (1) month of not less than thirty (30) days, or of four (4) weeks in the case of industrial life insurance policies the premiums for which are payable more frequently than monthly, shall be allowed within which the payment of any premium after the first may be made. The policy shall continue in full force during the grace period, which shall be counted from the premium due date specified in the policy. The insurer may impose an interest charge not to exceed six percent (6%) per annum for the number of days of grace elapsing before the payment of the premium, and, whether or not the interest charge is imposed, if a claim arises under the policy during the grace period the amount of any premium due or overdue, together with interest and any deferred installment of the annual premium, may be deducted from the policy proceeds.
WY Stat § 26-16-104 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-104 - Incontestability.

26-16-104. Incontestability.| The policy, exclusive of provisions relating to disability benefits or to additional benefits in case of death by accident or accidental means, is incontestable, except for nonpayment of premiums, after it is in force during the insured's lifetime for a period of two (2) years from its date of issue.
WY Stat § 26-16-105 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-105 - Policy and Application Constitutes Entire Contract; Statements Deemed Representations.

26-16-105. Policy and application constitutes entire contract; statements deemed representations.| The policy, or the policy and the application therefor if a copy of the application is endorsed upon or attached to the policy when issued, constitutes the entire contract between the parties and statements contained in the application, in the absence of fraud, are representations and not warranties.
WY Stat § 26-16-106 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-106 - Misstatement of Age.

26-16-106. Misstatement of age.| If the age of the insured or of any other person whose age is considered in determining the premium or benefit is misstated, any amount payable or benefit accruing under the policy shall be in an amount as the premium would purchase at the correct age.
WY Stat § 26-16-107 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-107 - Dividends.

26-16-107. Dividends.| (a) In participating policies, beginning not later than the end of the third policy year, the insurer shall annually ascertain and apportion the divisible surplus, if any, that will accrue on the policy anniversary or other dividend date specified in the policy, provided the policy is in force and all premiums to that date are paid. Except as otherwise provided in this section, any dividend payable, at the option of the party entitled to elect the option, shall be either payable in cash or applied to any of the other dividend options provided by the policy. If any other dividend options are provided, the policy shall further state which option is automatically effective if the party does not elect some other option. If the policy specifies a period within which the other dividend option may be elected, the period shall be not less than thirty (30) days following the date on which the dividend is due and payable. The annually apportioned dividend is payable in cash within the meaning of the cash option specified in this subsection even though the policy provides that payment of the dividend is to be deferred for a specified period, provided the period does not exceed six (6) years from the date of apportionment and that interest will be added to the dividend at a specified rate.  (b) Renewable term policies of ten (10) years or less may provide that:  (i) The surplus accrued to the policies shall be determined and apportioned each year after the second policy year and accumulated during each renewal period;  (ii) At the end of the renewal period, on the insured's renewal of the policy, the insurer shall apply the accumulated surplus as an annuity for the next succeeding renewal term in reducing premiums.  (c) In participating industrial life insurance policies, instead of the provision required in subsection (a) of this section, there shall be a provision that beginning not later than the end of the fifth policy year, the policy shall participate annually in the divisible surplus, if any, in the manner set forth in the policy.  (d) This section does not apply to insurance issued in consideration of lapsed or surrendered policies.
WY Stat § 26-16-109 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-109 - Table of Installments Required.

26-16-109. Table of installments required.| In case the policy provides that the proceeds are payable in installments which are determinable at issue of the policy, there shall be a table showing the amounts of the guaranteed installments.
WY Stat § 26-16-110 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-110 - Reinstatement of Policies.

26-16-110. Reinstatement of policies.| (a) Unless the policy has been surrendered for its cash surrender value, or its cash surrender value has been exhausted, or the paid-up term insurance, if any, has expired, the policy will be reinstated at any time within three (3) years, or two (2) years in the case of industrial life insurance policies, from the date of premium default upon:  (i) Written application therefor;  (ii) The production of evidence of insurability satisfactory to the insurer;  (iii) The payment of all premiums in arrears;  (iv) The payment or reinstatement of any other indebtedness to the insurer upon the policy; and  (v) The payment of interest at a rate not exceeding six percent (6%) per annum compounded annually on all payments required for reinstatement.
WY Stat § 26-16-111 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-111 - Time and Place of Payment of Premiums.

26-16-111. Time and place of payment of premiums.| The time and place of payment of premiums shall be specified.
WY Stat § 26-16-112 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-112 - Payment of Claims.

26-16-112. Payment of claims.| (a) If the benefits under the policy are payable because of the death of the insured, settlement shall be made upon receipt of proof of death and, at the insurer's option, surrender of the policy or proof of the interest of the claimant, or both. If an insurer shall specify a particular period prior to the expiration of which settlement shall be made, the period may not exceed the time requirements specified in W.S. 26-15-124. For any private placement policy, settlement may be made in cash or, if allowed under the policy, by distributing assets of the separate account to the claimant with the consent of the policyholder, as long as the fair market value of the assets are independently verified at the time of disbursement by the insurer. In any private placement policy, the obligation of the insurer to settle that portion of the policy attributable to separate account assets is subject to the liquidity of the assets and the insurer shall settle the portion of the policy as and when the assets can be, by their respective terms, either converted to cash, which may be later than the time requirements specified in W.S. 26-15-124, or otherwise dispersible by the insurer.  (b) Benefits shall be paid within the time requirements of W.S. 26-15-124 and shall include interest accrued from the date of death until date of payment. The interest rate shall be not less than the rate of interest payable on death proceeds left on deposit with the insurer. For any private placement policy, the interest shall be computed commencing the latter of sixty (60) days succeeding the date of death of the insured or the date proof of death has been received by the insurer in good order, until the date of payment. In any private placement policy, the obligation of the insurer to pay interest on that portion of the policy attributable to separate account assets may only be computed as and when the assets are, by their respective terms, either converted to cash or otherwise dispersible by the insurer.  (c) For purposes of this section, date of payment shall include the date of the postmark stamped on an envelope properly addressed and postage prepaid, containing the payment.  (d) The provisions of this section requiring the payment of interest shall not apply to variable contracts which provide for insurance or annuity benefits which may vary according to the investment experience of any separate account or accounts maintained by the insurer as to such contract.  (e) As used in this chapter, "private placement policy" is a variable life insurance policy that is:  (i) Issued exclusively to a person who is an accredited investor or a qualified purchaser, as defined in the Securities Act of 1933 or the Investment Company Act of 1940 or in regulations promulgated under either statute; and  (ii) Offered for sale and sold in a transaction that is exempt from registration under the Securities Act of 1933.
WY Stat § 26-16-113 (2021)
2021 Wyoming Statutes|Title 26 - Insurance Code|Chapter 16 - Life Insurance and Annuity Contracts|Article 1 - Policy and Contract Provisions|Section 26-16-113 - Beneficiaries of Industrial Life Insurance Policies.

26-16-113. Beneficiaries of industrial life insurance policies.| (a) An industrial life insurance policy shall have the name of the beneficiary designated thereon, or in the application or other form if attached to the policy, with a reservation of the right to designate or change the beneficiary after the issuance of the policy, unless the beneficiary is irrevocably designated.  (b) The policy may also provide that:  (i) No designation or change of beneficiary is binding on the insurer until endorsed on the policy by the insurer;  (ii) The insurer may refuse to endorse the name of any proposed beneficiary who does not appear to the insurer to have an insurable interest in the insured's life;  (iii) If the beneficiary designated in the policy does not make a claim under the policy or does not surrender the policy with proof of death within the period stated in the policy, which shall not be less than thirty (30) days after the insured's death, or if the beneficiary is the estate of the insured, or is a minor, or dies before the insured, or is not legally competent to give a valid release, the insurer may make any payment thereunder to the insured's executor or administrator, or to any relative of the insured by blood or legal adoption or connection by marriage, or to any person appearing to the insurer to be equitably entitled thereto because of having been named beneficiary or having incurred expense for the insured's maintenance, medical attention or burial.  (c) The policy may also include a provision similar to that in paragraph (b)(iii) of this section applicable to any other payment due under the policy.