§ 24-A §2951 — Group property and casualty insurance

1.
Group coverage permitted.
The following lines of property and casualty insurance may be written on a group basis, subject to the requirements of this section and other applicable law:
2.
Terms of coverage.
A policy must provide insured group members with terms of coverage that are no less favorable to the insured than would be required for comparable nongroup policies, at rates consistent with the requirements of this Title.
3.
Certificate of coverage.
An insured group member must be issued a certificate of coverage adequately describing that insured's rights and responsibilities under the group policy in a manner satisfactory to the superintendent, delivered in the same time and manner as is required for the delivery of comparable nongroup policies.

Legislative History

PL 2001, c. 138, §16 (NEW).