§ 3101. Simplified comprehensive policies of insurance. Simplified policies of insurance providing broad coverage of all or various combinations of risks may be approved by the superintendent and issued by insurers notwithstanding any provision of this chapter, and notwithstanding those provisions of any other law which specify the content of insurance policies, provided that such […]
§ 3102. Requirements for the use of readable and understandable insurance policies. (a) Definitions. In this section “insurance policy” means any: (1) form subject to approval under either section three thousand two hundred one or four thousand three hundred eight of this chapter; (2) comprehensive health services plan as defined in section four thousand four […]
§ 3103. Non-conforming contracts. (a) Except as otherwise specifically provided in this chapter, any policy of insurance or contract of annuity delivered or issued for delivery in this state in violation of any of the provisions of this chapter shall be valid and binding upon the insurer issuing the same, but in all respects in […]
§ 3104. Contract provisions required by laws of other jurisdictions. (a) Any foreign or alien insurer authorized to do business in this state may, with the approval of the superintendent, include in any life, accident and health insurance policy or contract of annuity delivered or issued for delivery in this state any provisions required by […]
§ 3105. Representations by the insured. (a) A representation is a statement as to past or present fact, made to the insurer by, or by the authority of, the applicant for insurance or the prospective insured, at or before the making of the insurance contract as an inducement to the making thereof. A misrepresentation is […]
§ 3106. Warranty defined; effect of breach. (a) In this section “warranty” means any provision of an insurance contract which has the effect of requiring, as a condition precedent of the taking effect of such contract or as a condition precedent of the insurer’s liability thereunder, the existence of a fact which tends to diminish, […]
§ 3107. Sale of insurance policies by vending machine. (a) Any provision in a policy of accident insurance, requiring the signature of the insured, where such insurance is sold by a vending machine, shall be inoperative and of no effect, unless a notice shall have been placed upon such vending machine, containing letters each at […]
§ 3108. Reinsurance contracts excepted. The provisions of this article shall not apply to contracts of reinsurance, except as otherwise provided by law.
§ 3109. False statements in applications for membership in fraternal benefit societies. No applicant, officer, solicitor, examining physician, surgeon or other person shall knowingly or wilfully make any false or fraudulent statements or representations in or with reference to any application for membership or reinstatement or any other documentary or other proof for the purpose […]
§ 3110. Withdrawal of any policy form. (a) Whenever by the provisions of this chapter the superintendent is authorized to give approval of any form of insurance policy or contract, the superintendent may, after notice and hearing given to the insurer that submitted such form for approval, withdraw an approval previously given, if the use […]
§ 3111. Special provisions relating to senior citizens. (a) Every insurer that has in force any policy of insurance subject to the provisions of section three thousand four hundred twenty-five of this chapter shall permit senior citizen insureds to designate a third party to whom the insurer shall transmit notices of cancellation, nonrenewal and conditional […]
§ 3112. Automatic bank withdrawal agreements; notification required. Any insurer licensed to issue insurance in the state who has an automatic bank withdrawal agreement with an insured for the payment of insurance premiums for any type of insurance shall give the insured at least fifteen days advance written notice of any increase in policy premiums […]
§ 3113. Consent of and notification of an irrevocable beneficiary under a court order of divorce or separation. In any case where a policy owner has, pursuant to an order of separation or divorce, designated his or her spouse or children as the irrevocable beneficiary of a policy of insurance subject to the provisions of […]
