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2000 SESSION
HB 923 Long-term care insurance; refund of unearned premiums.
Introduced by: Vivian E. Watts | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Long-term care insurance; refund of unearned premiums. Requires individual long-term care insurance policies and certificates to return unearned premiums on a pro-rata basis to insureds in the event of cancellation by the carrier or the insured. The measure does not apply to single-premium policies.
SUMMARY AS PASSED HOUSE:
Long-term care insurance; refund of unearned premiums. Requires long-term care insurance policies and certificates to return unearned premiums on a pro-rata basis to insureds in the event of cancellation by the carrier or the insured.
SUMMARY AS INTRODUCED:
Long-term care insurance; refund of unearned premiums. Requires carriers of long-term care insurance to return unearned premiums on a pro-rata basis to insureds in the event of cancellation by the carrier or the insured.