§431:10-227 - Retroactive annulment of liability policies prohibited.
§431:10-227 Retroactive annulment of
liability policies prohibited. No contract insuring against loss through
liability for the bodily injury or death by accident of any individual shall be
retroactively annulled by any agreement between the insurer and the insured
after the occurrence of such injury or death for which the insured may be
liable. The prohibition on retroactive annulment of liability shall also apply
to contracts insuring against damage to the property of any person. Any such
annulment or attempted annulment shall be void. [L 1987, c 347, pt of §2]