Current with changes from the 2024 Legislative Session
Section 15-910 - Return of policy; refund(a) Each Medicare supplement policy or certificate shall have prominently printed on the first page of the policy or certificate or attached to it, a notice that states that the applicant may: (1) return the Medicare supplement policy or certificate within 30 days after its delivery; and(2) receive a refund of the premium if after examination of the Medicare supplement policy or certificate, the applicant is not satisfied for any reason.(b) The carrier shall pay a refund made under this section directly to the applicant in a timely manner.