- (1) An annuity contract that does not require the insurer to pay benefits to the beneficiary of the policy.
- (2) A policy that provides a death benefit under the Employee Retirement Income Security Act of 1974 (Public Law 93-406, 88 Stat. 829).
- (3) A Federal employee benefit program.
- (4) A policy to fund funeral or burial services.
- (5) A policy of credit life insurance or health and accident insurance.
This chapter shall not apply to all of the following: