Montana § 33-21-205 Filing, Approval, And Withdrawal Of Forms And Rates -- Disapproval

Montana Statutes

§ 33-21-205 — Filing, Approval, And Withdrawal Of Forms And Rates -- Disapproval

Montana § 33-21-205

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 21CREDIT LIFE AND DISABILITY INSURANCE

Part 2Policy Requirements

This text of Montana § 33-21-205 (Filing, Approval, And Withdrawal Of Forms And Rates -- Disapproval) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 33-21-205 (2026).

Text

33-21-205 . Filing, approval, and withdrawal of forms and rates -- disapproval.

(1)With respect to credit life insurance or credit disability insurance:

(a)a policy, certificate of insurance, notice of proposed insurance, application for insurance, binder, endorsement, or rider may not be delivered or issued for delivery in Montana unless it has been filed with and approved by the commissioner, in accordance with 33-1-501 , and the regulatory official of the state in which it is issued; and

(b)a schedule of premium rates pertaining to a policy, certificate of insurance, notice of proposed insurance, application for insurance, binder, endorsement, or rider may not be used in Montana unless it has been filed with the commissioner.

(2)With respect to credit life insurance or credit disabi

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33-21-205 . Filing, approval, and withdrawal of forms and rates -- disapproval. (1) With respect to credit life insurance or credit disability insurance:
(a) a policy, certificate of insurance, notice of proposed insurance, application for insurance, binder, endorsement, or rider may not be delivered or issued for delivery in Montana unless it has been filed with and approved by the commissioner, in accordance with 33-1-501 , and the regulatory official of the state in which it is issued; and
(b) a schedule of premium rates pertaining to a policy, certificate of insurance, notice of proposed insurance, application for insurance, binder, endorsement, or rider may not be used in Montana unless it has been filed with the commissioner.
(2) With respect to credit life insurance or credit disability insurance and in accordance with 33-1-501 , the commissioner may disapprove a policy, certificate of insurance, notice of proposed insurance, application for insurance, binder, endorsement, or rider:
(a) for a reason listed in 33-1-502 ;
(b) if the table of premium rates charged or to be charged appears by reasonable assumptions to be excessive in relation to benefits; or
(c) if it contains provisions that are unjust, unfair, inequitable, misleading, deceptive, or encourage misrepresentation of the insurance.
(3) If the commissioner notifies the insurer that a form is disapproved, it is unlawful for the insurer to issue or use the form.
(4) An insurer may not issue or use a form after the commissioner withdraws approval of the form pursuant to 33-1-501 . An order or final determination of the commissioner under this section is subject to judicial review.