(a)Coverage under a group or master personal or
commercial lines property and casualty insurance policy may be
terminated as to a member or covered person only for:
(i)Failure of the member or covered person to make
required premium contributions;
(ii)Termination of the master policy in its entirety
or as to the class to which the member or covered person
belongs;
(iii)Discontinuance of the member's or covered
person's membership in a class eligible for coverage;
(iv)Termination of membership or covered person's
services; or
(v)Material misrepresentation of a fact in obtaining
coverage which if known to the master policyholder would have
caused the master policyholder not to offer coverage to the
member or covered person;
(vi)Fraud or material misrepresentation in the
presentation o
Free access — add to your briefcase to read the full text and ask questions with AI
(a) Coverage under a group or master personal or
commercial lines property and casualty insurance policy may be
terminated as to a member or covered person only for:
(i) Failure of the member or covered person to make
required premium contributions;
(ii) Termination of the master policy in its entirety
or as to the class to which the member or covered person
belongs;
(iii) Discontinuance of the member's or covered
person's membership in a class eligible for coverage;
(iv) Termination of membership or covered person's
services; or
(v) Material misrepresentation of a fact in obtaining
coverage which if known to the master policyholder would have
caused the master policyholder not to offer coverage to the
member or covered person;
(vi) Fraud or material misrepresentation in the
presentation of a claim;
(vii) Exhausting the aggregate limit of liability, if
any, under the terms of the policy.
(b) Termination of coverage under subsection (a) of this
section shall be effective as follows:
(i) Upon written notice made as described in W.S. 26-
35-101, or electronic notice if made in connection with portable
electronic device insurance, sent not less than ten (10) days
prior to the proposed effective date of cancellation if
cancellation is for the reason stated in paragraph (a)(i) of
this section;
(ii) Immediately if cancellation is for the reasons
stated in paragraph (a)(iii), (iv), (v) or (vi) of this section;
(iii) Immediately if cancellation is for the reason
stated in paragraph (a)(vii) of this section. However, the
insurer shall send notice of cancellation to the covered person
within thirty (30) calendar days after exhaustion of the limit
and if notice is not timely sent, coverage shall continue
notwithstanding the aggregate limit of liability until the
insurer sends notice of termination to the covered person; or
(iv) Upon written notice made as described in W.S.
26-35-101, or electronic notice if made in connection with
portable electronic device insurance, sent not less than thirty
(30) days prior to the proposed effective date of cancellation
if cancellation is for the reason stated in paragraph (a)(ii) of
this section.
(c) Coverage under a continuous group or master personal
or commercial line property and casualty insurance policy may be
modified in accordance with the following:
(i) The insurer shall provide the group or master
policyholder and covered persons with at least thirty (30) days
prior written notice of the change in coverage; and
(ii) The insurer shall provide the group or master
policyholder with a revised policy or endorsement and each
covered person with a revised certificate, endorsement, updated
brochure or other evidence indicating a change in the terms and
conditions has occurred and a summary of material changes.
(d) For purposes of this section:
(i) "Portable electronic device insurance" means as
defined in W.S. 26-9-202(a)(xi);
(ii) For portable electronic device insurance
electronic notice under the Uniform Electronic Transaction Act,
W.S. 40-21-101 through 40-21-119, may be used if the parties
have agreed to conduct transactions by electronic means
according to W.S. 40-21-105.