Montana § 33-20-122 Prohibited Provisions -- Industrial Life Insurance

Montana Statutes

§ 33-20-122 — Prohibited Provisions -- Industrial Life Insurance

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 20 LIFE INSURANCE·Part 1 Policy Provisions

33-20-122 . Prohibited provisions -- industrial life insurance. No policy of industrial life insurance shall contain any of the following provisions:

(1)a provision by which the insurer may deny liability under the policy for the reason that the insured has previously obtained other insurance from the same insurer;

(2)a provision giving the insurer the right to declare the policy void because the insured has had any disease or ailment, whether specified or not, or because the insured has received institutional, hospital, medical, or surgical treatment or attention, except a provision which gives the insurer the right to declare the policy void if the insured has, within 2 years prior to the issuance of the policy, received institutional, hospital, medical, or surgical treatment or attent

Free access — add to your briefcase to read the full text and ask questions with AI

33-20-122 . Prohibited provisions -- industrial life insurance. No policy of industrial life insurance shall contain any of the following provisions:
(1) a provision by which the insurer may deny liability under the policy for the reason that the insured has previously obtained other insurance from the same insurer;
(2) a provision giving the insurer the right to declare the policy void because the insured has had any disease or ailment, whether specified or not, or because the insured has received institutional, hospital, medical, or surgical treatment or attention, except a provision which gives the insurer the right to declare the policy void if the insured has, within 2 years prior to the issuance of the policy, received institutional, hospital, medical, or surgical treatment or attention and if the insured or claimant under the policy fails to show that the condition occasioning such treatment or attention was not of a serious nature or was not material to the risk;
(3) a provision giving the insurer the right to declare the policy void because the insured has been rejected for insurance, unless such right be conditioned upon a showing by the insurer that knowledge of such rejection would have led to a refusal by the insurer to make such contract.

Montana § 33-20-122 (Prohibited Provisions -- Industrial Life Insurance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.