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...Life insurance companies and associations employer insurable interest in employees as used this section includes officers managers directors of an the shareholders partners members proprietors or other owners a trust established by for benefit s active retired has each lives may insure their on individual group basis theamountofcoverageonthelivesofnonmanagementornonkeyemployeesshallbe reasonably related to provided onandafterjuly anemployerortrustshallobtainthewrittenconsentofeach employee being insured pursuant before insuring consent shall include acknowledgment that maintain after is no longer employed not retaliate any manner against who refuses thegrossamountofpremiumsreceivedbyalifeinsurancecompanyorassociation owned contract which been allocated another state be purposes subsection if either following applicable issued delivered company association domiciled b extent premiums are paragraph provisions those c means policy whichprovidescoverageonalifeforwhichtheemployerhasaninsura...