§431:10-214  Right to return policy. 
(a)  There shall be printed on or attached to every individual life insurance
policy and every individual accident and health or sickness insurance policy
issued for delivery in this State a notice in ten-point bold type stating in
substance that the person to whom the policy is issued is entitled to return
the policy or contract within ten days of its receipt by the purchaser and to
have the premium paid refunded if the purchaser is not satisfied with it for
any reason.  If, pursuant to such notice, a purchaser mails or delivers the
policy to the company or association at its home or branch office or to the
producer through whom it was purchased, it shall be void from the beginning and
the parties shall be in the same position as if no policy had been issued. When
an individual life insurance policy is mailed or delivered by the purchaser
within the ten-day period, the insurer may be reimbursed for the actual medical
examination expenses incurred in processing the policy or contract, provided
the foregoing notice includes a statement to this effect.



(b)  This section shall not apply to single
premium nonrenewable policies or travel accident policies. [L 1987, c 347, pt
of §2; am L 2002, c 155, §44]