§431:10-211  Content of policies in general. (a)  A policy shall specify:

(1)  The names of the parties to the contract.  Theinsurer's name shall be clearly shown in the policy;

(2)  The subject of the insurance;

(3)  The risks insured against and the amount ofinsurance;

(4)  The time at which the insurance under the policytakes effect, and the period during which the insurance is to continue or themethod of determining the period;

(5)  A statement of the premium or premium rate; and

(6)  The conditions pertaining to the insurance.

(b)  If under the contract the exact amount ofpremiums is determinable only at termination of the contract or at periodicintervals of the contract, a statement of the basis and rates upon which thefinal premium is to be determined and paid shall be furnished any policyexamining bureau having jurisdiction or to the insured upon request.

(c)  This section shall not apply to suretyinsurance or to group insurance contracts. [L 1987, c 347, pt of §2]