New York § 7904 Required disclosures; service contract reimbursement insurance policy

New York Statutes

§ 7904 — Required disclosures; service contract reimbursement insurance policy

New York·Law ISC Insurance·Art. 79 Service Contracts

  § 7904. Required disclosures; service contract reimbursement insurance\npolicy. Service contract reimbursement insurance policies insuring\nservice contracts issued, sold or offered for sale in this state shall\nstate that, upon failure of the provider to perform under the service\ncontract, including failure to return the unearned provider fee\nthereunder, the insurer that issued the service contract reimbursement\ninsurance policy shall pay on behalf of the provider any sums the\nprovider is legally obligated to pay under the service contract or shall\nperform the service which the provider is legally obligated to perform\naccording to the provider's contractual obligations under the service\ncontracts issued or sold by the provider.\n

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

§ 7904. Required disclosures; service contract reimbursement insurance\npolicy. Service contract reimbursement insurance policies insuring\nservice contracts issued, sold or offered for sale in this state shall\nstate that, upon failure of the provider to perform under the service\ncontract, including failure to return the unearned provider fee\nthereunder, the insurer that issued the service contract reimbursement\ninsurance policy shall pay on behalf of the provider any sums the\nprovider is legally obligated to pay under the service contract or shall\nperform the service which the provider is legally obligated to perform\naccording to the provider's contractual obligations under the service\ncontracts issued or sold by the provider.\n

New York § 7904 (Required disclosures; service contract reimbursement insurance policy) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.