§ 27-1-41-10 — Cancellation; refusal to renew

Indiana § 27-1-41-10

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 41: Group Personal Excess or Umbrella Liability Insurance

Text

(a) An insurer may cancel or refuse to renew
an individual certificate while maintaining in force the master policy
and other individual certificates issued under the master policy.
(b) An insurer that cancels or refuses to renew a master policy shall,
within a period determined by the commissioner, provide:
(1) to the group administrator; and
(2) to each individual participating group member;
written notice of the cancellation or refusal to renew.

Legislative History

As added by P.L.32-2012, SEC.2.