N.Y. Comp. Codes R. & Regs. tit. 11 § 70.2

Current through Register Vol. 46, No. 51, December 18, 2024

Section 70.2 - No-consent policies

(a) Every insurer subject to this Part:

(1) shall offer all applicants for medical malpractice insurance and all policyholders, effective with the next anniversary date, the option of purchasing a no-consent policy;

(2) may offer each policyholder insured for medical malpractice prior to October 1, 1982, the option of obtaining a policy endorsement converting the existing policy to a no-consent policy.

(b) Any no-consent medical malpractice insurance policy offered an insured by the insurer may be offered, at the option of the insurer, with or without a reasonable deductible or coinsurance clause.

N.Y. Comp. Codes R. & Regs. Tit. 11 § 70.2