§ 4260 — Notice requirements

Vermont § 4260

• Jurisdiction: Vermont
• Title 8: Title 8: Banking and Insurance
• Ch. 114: Chapter 114: Portable Electronics Insurance

Text

(a) Whenever notice or correspondence with respect to a policy of portable electronics insurance is required pursuant to the policy or is otherwise required by law, it shall be in writing. Notwithstanding any other provision of law, notices and correspondence may be sent either by mail or by electronic means as set forth in this section. If the notice or correspondence is mailed, it shall be sent to the portable electronics vendor at the vendor’s mailing address specified for such purpose and to its affected customers’ last known mailing address on file with the insurer. The insurer or vendor of portable electronics shall maintain proof of mailing in a form authorized or accepted by the U.S. Postal Service or other commercial mail delivery service. If the notice or correspondence is sent by electronic means, it shall be sent to the portable electronics vendor at the vendor’s electronic mail address specified for such purpose and to its affected customers’ last known electronic mail address as provided by each customer to the insurer or vendor of portable electronics. A customer’s provision of an electronic mail address to the insurer or vendor of portable electronics is deemed consent to receive notices and correspondence by electronic means at such address if notice of that consent is provided to the customer within 30 calendar days. The insurer or vendor of portable electronics shall maintain proof that the notice or correspondence was sent.
(b) Notice or correspondence required pursuant to a policy of portable electronics insurance or otherwise required by law may be sent on behalf of the insurer or vendor by an insurance producer appointed by the insurer to supervise the administration of a portable electronics insurance program. (Added 2011, No. 136 (Adj. Sess.), § 9, eff. May 18, 2012; amended 2017, No. 80, § 17.)