58-18C-7 Continuation policy not required in certain circumstances.
Continuation policy not required in certain circumstances.
No insurer may be
required to offer or renew a continuation policy covering any person if:
The person is covered for similar benefits by another individual or group policy;
Similar benefits are provided for or available to such person, by reason of any state or
The benefits under sources of the kind referred to in subdivision (1) for such person or
benefits provided or available under sources of the kind referred to in subdivision (2) for
such person, together with the continued policy's benefits, would result in overinsurance
according to the insurer's standards for overinsurance;
There has been fraud or material misrepresentation in applying for any benefits under
continued or converted policy;
The person failed to pay any required contribution; or
Cancellation of all similar insurance policies in the entire state.
SL 1998, ch 294, § 7; SL 2005, ch 270, § 4.