Connecticut § 38a-436 (Formerly Sec. 38-157a). Notice of voidability of individual insurance contracts. Procedure. Time limit.

Connecticut Statutes

§ 38a-436 — (Formerly Sec. 38-157a). Notice of voidability of individual insurance contracts. Procedure. Time limit.

Connecticut·Title 38a Insurance·Ch. 700b Life Insurance, Annuities, Burial Contracts and Life Settlements

Every individual life insurance policy delivered or issued for delivery to any person in this state shall have printed thereon or attached thereto a notice stating, in substance, that the policy may be returned by the applicant for cancellation by delivering or mailing the policy to the insurer or to the insurance agent through whom it was effected, at any time within ten days after receipt of the policy by the applicant, and that upon the delivery or mailing the policy shall be void ab initio.

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Every individual life insurance policy delivered or issued for delivery to any person in this state shall have printed thereon or attached thereto a notice stating, in substance, that the policy may be returned by the applicant for cancellation by delivering or mailing the policy to the insurer or to the insurance agent through whom it was effected, at any time within ten days after receipt of the policy by the applicant, and that upon the delivery or mailing the policy shall be void ab initio.

Connecticut § 38a-436 ((Formerly Sec. 38-157a). Notice of voidability of individual insurance contracts. Procedure. Time limit.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 75-546; P.A. 90-243, S. 62.) History: P.A. 90-243 made technical changes for statutory consistency; Sec. 38-157a transferred to Sec. 38a-436 in 1991.