N.Y. Insurance Law Section 7506
Companies excluded from article

There is hereby excluded from the provisions of this article any life insurance company organized and operated, without profit to any private shareholder or individual, exclusively to aid and strengthen charitable, religious, missionary, educational or philanthropic institutions by issuing policies or contracts only to or for the benefit of such institutions, to individuals engaged in serving such institutions and to members of their immediate families.

Source: Section 7506 — Companies excluded from article, https://www.­nysenate.­gov/legislation/laws/ISC/7506 (updated Sep. 22, 2014; accessed Feb. 7, 2026).

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Verified:
Feb. 7, 2026

Last modified:
Sep. 22, 2014

§ 7506. Companies excluded from article's source at nysenate​.gov

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