17-202.

(A) SUBJECT TO THE REQUIREMENTS OF THIS SECTION, A POLICY MAY BE
ISSUED TO A LABOR UNION, OR SIMILAR EMPLOYEE ORGANIZATION, WHICH SHALL
BE DEEMED TO BE THE POLICYHOLDER, TO INSURE MEMBERS OF THE UNION OR
ORGANIZATION FOR THE BENEFIT OF PERSONS OTHER THAN THE^: UNION OR
ORGANIZATION OR ANY OF ITS OFFICIALS, REPRESENTATIVES, OR AGENTS.

(B) THE MEMBERS ELIGIBLE FOR INSURANCE UNDER THE POLICY SHALL BE
ALL OF THE MEMBERS OF THE UNION OR ORGANIZATION OR ALL OF ANY CLASS OR
CLASSES OF MEMBERS.

(C) (1) THE PREMIUM FOR THE POLICY SHALL BE PAID EITHER FROM
FUNDS OF THE UNION OR ORGANIZATION, OR FROM FUNDS CONTRIBUTED BY THE
INSURED MEMBERS SPECIFICALLY FOR THEIR INSURANCE, OR FROM BOTH.

(2) EXCEPT AS PROVIDED IN PARAGRAPH (3) OF THIS SUBSECTION, A
POLICY ON WHICH NO PART OF THE PREMIUM IS TO BE DERIVED FROM FUNDS
CONTRIBUTED. BY THE INSURED MEMBERS SPECIFICALLY FOR THEIR INSURANCE
MUST INSURE ALL ELIGIBLE MEMBERS, EXCEPT THOSE WHO REJECT THE COVERAGE
IN WRITING.

(3) AN INSURER MAY EXCLUDE OR LIMIT THE COVERAGE ON ANY
PERSON AS TO WHOM EVIDENCE OF INDIVIDUAL INSURABILITY IS NOT
SATISFACTORY TO THE INSURER

[17-203.

(a) (1) Subject to the requirements of this section, the lives of a group of
individuals may be insured under a policy issued to the trustees of a fund established
by two or more employers in the same industry or by one or more labor unions, or by
one or more employers and one or more labor unions, to cover employees of the
employers or members of the unions for the benefit of persons other than the
employers or unions.

(2) The trustees to which the policy is issued are deemed the
policyholder.

(b) (1) All employees of the employers or all members of the unions, or all of
any class or classes of employees or members determined by conditions pertaining to
their employment or membership in the union or both, are eligible for insurance
under a policy issued in accordance with this section.

(2) The policy may provide that the term "employee" includes:

(i) a trustee or employee of the trustee or both if the duties of the
trustee or employee are principally connected with the trusteeship;

(ii) a sole proprietor if the employer is a sole proprietorship;

(iii) a partner if the employer is a partnership; and

(iv) a retired employee.