R.I. Gen. Laws § 27-3-38.3

Current through 2024 Public Law 457
Section 27-3-38.3 - Exception to life and health and accident exemption

The provisions of this chapter do not apply to life and health and accident, as noted in § 27-3-38(a), and surplus lines brokers may not place insurance in those lines in the surplus market. An exception is hereby made to this prohibition for the procurement of disability insurance with a benefit limit in excess of a benefit limit available from an admitted insurer. For that class of business only, a broker may obtain insurance from the surplus market.

R.I. Gen. Laws § 27-3-38.3

Added by 2019 Pub. Laws, ch. 136,§ 1, eff. 7/8/2019.
Added by 2019 Pub. Laws, ch. 103,§ 1, eff. 7/8/2019.