Nebraska Revised Statute 44-1087
Chapter 44 Section 1087
(1) A society may provide the following contractual benefits in any form:
(a) Death benefits;
(b) Endowment benefits;
(c) Annuity benefits;
(d) Temporary or permanent disability benefits;
(e) Hospital, medical, or nursing benefits;
(f) Monument or tombstone benefits to the memory of deceased members; and
(2) A society shall specify in its rules persons who may be issued, or covered by, the contractual benefits listed in subsection (1) of this section, consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.
- Laws 1985, LB 508, § 16.