1. (1) A society may provide the following contractual benefits:

   1. (a) Death benefits;
   2. (b) Endowment benefits;
   3. (c) Annuity benefits;
   4. (d) Temporary or permanent disability benefits;
   5. (e) Hospital, medical, or nursing benefits;
   6. (f) Monument or tombstone benefits to the memory of deceased members; and
   7. (g) Such other benefits as authorized for life insurers and which are not inconsistent with this chapter.
2. (2) A society shall specify in its rules those members and their dependents or persons in whom a member has an insurable interest who may be issued, or covered by, the contractual benefits set forth in subsection (1). A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.

History.--ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.