Kansas § 40-3804 Same; payment to administrator of premiums or charges; effect

Kansas Statutes

§ 40-3804 — Same; payment to administrator of premiums or charges; effect

Kansas·Ch. 40 INSURANCE·Art. 38 REGULATION AND REGISTRATION OF ADMINISTRATORS

If an insurer utilizes the services of an administrator, the payment to the administrator of any premiums or charges for insurance by or on behalf of the insured shall be deemed to have been received by the insurer and the payment of return premiums or claims forwarded by the insurer to the administrator shall not be deemed payment to the insured or claimant until such payments are received by the insured or claimant. Nothing shall limit any right of the insurer against the administrator resulting from its failure to make payments to the insurer, insureds or claimants.

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If an insurer utilizes the services of an administrator, the payment to the administrator of any premiums or charges for insurance by or on behalf of the insured shall be deemed to have been received by the insurer and the payment of return premiums or claims forwarded by the insurer to the administrator shall not be deemed payment to the insured or claimant until such payments are received by the insured or claimant. Nothing shall limit any right of the insurer against the administrator resulting from its failure to make payments to the insurer, insureds or claimants.

Kansas § 40-3804 (Same; payment to administrator of premiums or charges; effect) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.