Washington § 48.23.345 - Juvenile life insurance — Speculative or fraudulent purposes.

Full text of Washington Revised Code of Washington § 48.23.345 — Juvenile life insurance — Speculative or fraudulent purposes., with citation guidance and answers to common questions.

§ 48.23.345. Juvenile life insurance — Speculative or fraudulent purposes.

Life insurers shall develop and implement underwriting standards and procedures designed to detect and prevent the purchase of juvenile life insurance for speculative or fraudulent purposes. These standards and procedures shall be made available for review by the commissioner.
Life insurers shall maintain records of underwriting rejections of applications for life insurance on juvenile lives for a period of ten years.
[ 2001 c 197 s 1.]

Notes

Effective date—2001 c 197: "This act takes effect August 1, 2001." [ 2001 c 197 s 2.]

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 48.23.345

What does Revised Code of Washington § 48.23.345 cover?

Section 48.23.345 ("Juvenile life insurance — Speculative or fraudulent purposes.") is part of the Revised Code of Washington, the codified statutory law of Washington. 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 Washington § 48.23.345?

A common citation format is "Revised Code of Washington § 48.23.345" (Washington). 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 Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 48.23.345 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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