Ala. Code § 8-32-8

Current through the 2024 Regular Session.
Section 8-32-8 - Cancellation of reimbursement insurance policy

To the extent applicable, an insurer that issued a reimbursement insurance policy shall not terminate the policy until a notice of termination in accordance with Chapter 40 of Title 27 has been mailed or delivered to the commissioner. The termination of a reimbursement insurance policy shall not reduce the issuer's responsibility for service contracts sold by providers which it insured prior to the date of the termination.

Ala. Code § 8-32-8 (1975)

Acts 1997, No. 97-445, p. 753, §8.