Kansas Administrative Regulations

Agency 40.  Insurance Department

Article 1.  General

 

 40-1-17 Insurance companies; policy forms; return of unearned premium; condition precedents prohibited.

 

When an insurance policy provision provides for the return of unearned premium, the provision shall not require the insured to request the return of premium, or that the premium is returned only ``upon demand.''

 

(Authorized by K.S.A. 40-103, 40-2203(G); implementing K.S.A. 40-216, 40- 2203(8), 40-2215; effective Jan. 1, 1966; amended May 1, 1979; amended May 1, 1986.)