Printable Format40-440. Same; act acknowledges existing right of assignment. This act acknowledges, declares and codifies the existing right of assignment of interests under individual and group life and accident and health insurance policies.
History: L. 1969, ch. 239, ยง 2; July 1.
CASE ANNOTATIONS
1. Section does not guarantee absolute right to assign benefits by voiding contracts limiting scope of assignment. St. Francis Reg. Med. Ctr. v. Blue Cross, 810 F. Supp. 1209, 1210, 1218 (1992).
2. Policy restricting assignment of insured's right to collect PIP benefits is in violation of Kansas statutes and public policy. Bolz v. State Farm Mut. Ins. Co., 274 Kan. 420, 52 P.3d 898 (2002).