W. Va. Code R. § 114-30-4

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 114-30-4 - "Tail" Insurance Offer Mandated

4.1. Upon cancellation, nonrenewal or termination of any "claims made" professional malpractice insurance policy to which this rule is applicable as set forth in section 3 herein, the insurer shall offer to the insured "tail" insurance coverage.

4.2. Such offer of "tail" insurance shall expire forty-five (45) days after the cancellation, nonrenewal, expiration or other termination of the insured's "claims made" professional malpractice insurance policy, unless the "tail" insurance offer is accepted sooner, in writing, by the insured.

W. Va. Code R. § 114-30-4