P.R. Laws tit. 26, § 2127
(1) Every reimbursement insurance policy that insures service contracts issued, sold or offered for sale in Puerto Rico, shall specifically and visibly state, that when the provider incurs noncompliance of the service contract, such as the failure to return the unearned fees received, the insurer that issued the policy shall pay the holder of the contract whichever sums that the provider is legally bound to pay pursuant to the service contract issued by him/her, or shall provide the service that the provider is legally bound to provide according to the contractual obligations under the service contract issued by the provider.
(2) Nothing provided in this section shall imply that the insurer is exempted from the applicable provisions of §§ 1101–1137 of this title.
History —Ins. Code, added as § 21.270 on Sept. 8, 2000, No. 392, § 3.