ContractPremium Finance Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020Amended by Chapter 298, 2003 General Session 2003 Cancellation upon request of a premium finance company. As used in this section: "Insurance premium finance company" means a person engaged in the business of entering into premium finance agreements. "Premium finance agreement" means an agreement by which an insured or prospective insured promises to pay to an insurance premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance producer in payment of premiums on an insurance policy, together with a service charge, an interest charge, or both. When a premium finance agreement contains a power of attorney or other authority enabling the insurance premium finance company to cancel any insurance policy listed in the agreement, the following applies: Not less than 10 days' written notice of the intent of the insurance premium finance company to order cancellation of the insurance policy, unless the policyholder's default is cured prior
31A-21-305 Cancellation upon request of a premium finance company.Premium Finance Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020
31A-21-305 Cancellation upon request of a premium finance company.Premium Finance Agreement • May 7th, 2016
Contract Type FiledMay 7th, 2016