Montana § 33-22-311 Overinsurance

Montana Statutes

§ 33-22-311 — Overinsurance

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 22 DISABILITY INSURANCE·Part 3 Requirements for Certain Individual Coverages

33-22-311 . Overinsurance. The carrier is not required to issue a converted policy if at the time of application the applicant:

(1)(a) has coverage under other disability insurance policies, health service corporation contracts, or self-insured health benefit plans providing similar benefits;

(b)is eligible for coverage under a group policy or contract providing similar benefits;

(c)is provided with similar benefits required by any statute; or

(d)is covered under any national, state, or governmental plan; and

(2)has coverage under subsection (1) that, together with the converted policy, would result in overinsurance according to the carrier's underwriting standards.

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33-22-311 . Overinsurance. The carrier is not required to issue a converted policy if at the time of application the applicant:
(1) (a) has coverage under other disability insurance policies, health service corporation contracts, or self-insured health benefit plans providing similar benefits;
(b) is eligible for coverage under a group policy or contract providing similar benefits;
(c) is provided with similar benefits required by any statute; or
(d) is covered under any national, state, or governmental plan; and
(2) has coverage under subsection (1) that, together with the converted policy, would result in overinsurance according to the carrier's underwriting standards.

Montana § 33-22-311 (Overinsurance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.