(a) a contract of group insurance, or

(b) a contract made by a fraternal society.

(a) the name or a sufficient description of the insured and of the person insured,

(b) the amount or the method of determining the amount of the insurance money payable and the conditions under which it becomes payable,

(c) the amount or the method of determining the amount of the premium and the period of grace, if any, within which it may be paid,

(d) the conditions upon which the contract may be reinstated if it lapses, and

(e) the term of the insurance or the method of determining the day upon which the insurance commences and terminates.