Sec. 21.51.180. Misstatement of age.
There may be a provision as follows: “Misstatement of Age: If the age of the insured has been misstated, all amounts payable under this policy shall be that which the premium paid would have purchased at the correct age.”
Sec. 21.51.020. Scope, format of policy.
A policy of health insurance may not be delivered or issued for delivery to a person in this state unless it otherwise complies with this title, and complies with the following: (1) the entire money and other considerations must be expressed in the policy; (2) the time the insurance takes effect and terminates must be […]
Sec. 21.51.190. Other insurance in this insurer.
(a) There may be a provision as follows: “Other Insurance in this Insurer: If an accident or sickness or accident and sickness policy or policies previously issued by the insurer to the insured is in force concurrently herewith, making the aggregate indemnity for …….. (insert type of coverage or coverages) in excess of $……. (insert […]
Sec. 21.51.030. Required provisions.
(a) Except as provided in (b) of this section, each policy delivered or issued for delivery to a person in this state must contain the provisions specified in AS 21.51.040 – 21.51.150, in the words in which the same appear; except, that the insurer may, at its option, substitute for one or more of the […]
Sec. 21.51.200. Insurance with other insurers providing benefits for loss on a provision of service or expense incurred basis.
(a) There may be a provision as follows: “Insurance With Other Insurers: If there is other valid coverage, not with this insurer, providing benefits for the same loss on a provision of service basis or on an expense incurred basis and of which this insurer has not been given written notice before the occurrence or […]
Sec. 21.51.040. Entire contract.
There shall be a provision as follows: “Entire Contract; Changes: This policy, including the endorsements and the attached papers, if any, constitutes the entire contract of insurance. No change in this policy shall be valid until approved by an executive officer of the insurer and unless the approval is endorsed hereon or attached hereto. No […]
Sec. 21.51.210. Insurance with other insurers providing benefits for loss on other than an expense incurred basis.
(a) There may be a provision as follows: “Insurance With Other Insurers: If there is other valid coverage, not with this insurer, providing benefits for the same loss on other than an expense incurred basis and of which this insurer has not been given written notice before the occurrence or commencement of loss, the only […]
Sec. 21.51.050. Time limit on certain defenses.
There shall be a provision as follows: “Time Limit on Certain Defenses: (1) After three years from the date of issue of this policy no misstatements, except fraudulent misstatements, made by the applicant in the application for the policy shall be used to void the policy or to deny a claim for loss incurred or […]
Sec. 21.51.060. Grace period.
(a) There shall be a provision as follows: “Grace Period: A grace period of (insert a number not less than ‘7’ for weekly premium policies, ’10’ for monthly premium policies and ’31’ for all other policies) days will be granted for the payment of each premium falling due after the first premium, during which grace […]
Sec. 21.51.070. Reinstatement.
(a) Except for a policy offered or renewed in this state on a health care exchange and subject to federal regulations on reinstatement, there shall be a provision as follows: “Reinstatement: If (1) a renewal premium is not paid within the time granted the insured for payment, (2) a subsequent acceptance of premium by the […]