§2721-A. Overinsurance in accident policies -- same insurer
Whenever accident policies are effective immediately upon purchase, including but not limited to those policies purchased
through coin-operated machines, there may be a provision included in the policy as follows:
"If an accident policy or policies previously issued by the insurer to the insured be in force concurrently herewith making
the aggregate indemnity for (insert type of coverage or coverages) in excess of $ (insert maximum limit of indemnity
or indemnities) the excess shall be void and all premiums for such excess shall be returned to the insured or to his estate."
SECTION HISTORY
1975, c. 121, (NEW).
1975, c. 121, (NEW).
Data for this page extracted on 10/16/2012 08:29:52.