Montana § 33-15-415 Notice Of Right To Return Policy

Montana Statutes

§ 33-15-415 — Notice Of Right To Return Policy

Montana § 33-15-415

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 15THE INSURANCE CONTRACT

Part 4Application, Issuance, Renewal, Assignment, and Return

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Bluebook

Mont. Code Ann. § 33-15-415 (2026).

Text

33-15-415 . Notice of right to return policy. Each individual life or disability insurance policy, except a single-premium nonrenewable disability policy, issued for delivery in this state or issued after January 1, 1996, must contain a notice stating in substance that if the person to whom the policy is issued is not satisfied for any reason, the person may return the policy within 10 days of its delivery or a longer period if provided by the policy and have refunded directly to the person the premium paid. A policy returned pursuant to this section is void from the beginning.

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33-15-415 . Notice of right to return policy. Each individual life or disability insurance policy, except a single-premium nonrenewable disability policy, issued for delivery in this state or issued after January 1, 1996, must contain a notice stating in substance that if the person to whom the policy is issued is not satisfied for any reason, the person may return the policy within 10 days of its delivery or a longer period if provided by the policy and have refunded directly to the person the premium paid. A policy returned pursuant to this section is void from the beginning.