Nebraska § 44-706 - Life insurance; minors; policy options; applicant may exercise.
Full text of Nebraska Revised Statutes of Nebraska § 44-706 — Life insurance; minors; policy options; applicant may exercise., with citation guidance and answers to common questions.
§ 44-706. Life insurance; minors; policy options; applicant may exercise.
Subject to the rights of any person other than the minor whose life is insured, the applicant for a policy upon the life of a minor may during the lifetime of said minor and prior to the time such minor shall be ten years of age at nearest birthday, exercise any option contained in said policy in all respects the same as though such applicant were the person insured by or the owner of said policy, and, under like circumstances, shall be entitled to collect and receive all sums payable upon or on account of such policy.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 44-706
What does Revised Statutes of Nebraska § 44-706 cover?
Section 44-706 ("Life insurance; minors; policy options; applicant may exercise.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 44-706?
A common citation format is "Revised Statutes of Nebraska § 44-706" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 44-706 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.