Attaching a Copy of Policy Upon Renewal: Insurers' Duty?
Do certain statutes require an insurer to physically attach every term and condition of the insurance policy upon renewal, even when there are no coverage changes?
December 5, 2012
Law360, New York (December 05, 2012, 12:43 PM ET) -- Some insurers provide their policyholders with a complete copy of the insurance policy only when the policy was first issued and not again when the policy is renewed. At renewal, the insurers provide updated declarations pages and notice of any changes in the policy coverage.
Some states, such as Minnesota, have enacted statutes that provide that insurance policy terms and conditions are not enforceable if those terms and conditions were not incorporated in or attached to every insurance policy issued in that state. Do statutes such as this require an insurer to physically attach every term and condition of the insurance policy upon renewal, even when there are no coverage changes?
All Content © 2003-2012, Portfolio Media, Inc.
The articles on our website include some of the publications and papers authored by our attorneys, both before and after they joined our firm. The content of these articles should not be taken as legal advice. The views and opinions expressed in this article are those of the author(s) and do not necessarily reflect the views or official position of Robins Kaplan LLP.
If you are interested in having us represent you, you should call us so we can determine whether the matter is one for which we are willing or able to accept professional responsibility. We will not make this determination by e-mail communication. The telephone numbers and addresses for our offices are listed on this page. We reserve the right to decline any representation. We may be required to decline representation if it would create a conflict of interest with our other clients.
By accepting these terms, you are confirming that you have read and understood this important notice.