Section 8-32-8 Cancellation of reimbursement insurance policy. - Alabama Statutes

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Section 8-32-8

Cancellation of reimbursement insurance policy.

To the extent applicable, an insurer that issued a reimbursement insurance policy shall not terminate the policy until a notice of termination in accordance with Chapter 40 of Title 27 has been mailed or delivered to the commissioner. The termination of a reimbursement insurance policy shall not reduce the issuer's responsibility for service contracts sold by providers which it insured prior to the date of the termination.

(Acts 1997, No. 97-445, p. 753, §8.)

State Codes and Statutes

Statutes > Alabama > Title8 > Chapter32 > 8-32-8

Section 8-32-8

Cancellation of reimbursement insurance policy.

To the extent applicable, an insurer that issued a reimbursement insurance policy shall not terminate the policy until a notice of termination in accordance with Chapter 40 of Title 27 has been mailed or delivered to the commissioner. The termination of a reimbursement insurance policy shall not reduce the issuer's responsibility for service contracts sold by providers which it insured prior to the date of the termination.

(Acts 1997, No. 97-445, p. 753, §8.)

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State Codes and Statutes

Statutes > Alabama > Title8 > Chapter32 > 8-32-8

Section 8-32-8

Cancellation of reimbursement insurance policy.

To the extent applicable, an insurer that issued a reimbursement insurance policy shall not terminate the policy until a notice of termination in accordance with Chapter 40 of Title 27 has been mailed or delivered to the commissioner. The termination of a reimbursement insurance policy shall not reduce the issuer's responsibility for service contracts sold by providers which it insured prior to the date of the termination.

(Acts 1997, No. 97-445, p. 753, §8.)