§ 4257. Definitions As used in this chapter: (1) “Portable electronics” means electronic devices that are portable in nature, their accessories, and services related to the use of such devices. (2) “Portable electronics insurance” means insurance which may be offered on a month-to-month or other periodic basis as a group or master commercial inland marine […]
§ 4258. Premium billings The charges for portable electronics insurance coverage may be billed and collected by a portable electronics vendor. Any charge to a customer for coverage that is not included in the cost associated with the purchase or lease of portable electronics shall be separately itemized on the customer’s bill. If the portable […]
§ 4259. Termination and modification requirements Notwithstanding any other provision of law, the terms for the termination or modification of a policy of portable electronics insurance shall be as set forth in the policy. (Added 2011, No. 136 (Adj. Sess.), § 9, eff. May 18, 2012.)
§ 4260. Notice requirements (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 […]
§ 4261. Rulemaking; licensing; claims; sales The Commissioner shall adopt rules establishing a business entity limited lines producer license for the sale of portable electronics insurance as well as requirements for the sale of portable electronics insurance by a vendor and its employees and authorized representatives and standards for the adjusting of claims under a […]
