Pennsylvania Code
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COMMONWEALTH OF PENNSYLVANIA

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25 Pa. Code § 401.16. Renewal of an insurance policy.

§ 401.16. Renewal of an insurance policy.

 The renewal premium for an insurance policy shall be in accordance with the current rate for the amount of insurance shown on the insurance policy. The premium shall be received prior to the end of the policy period shown on the insurance policy, but the Board, or its agents, will not cancel the insurance policy until 30 days after the final day of that period.

Authority

   The provisions of this §  401.16 amended under the act of August 23, 1961 (P. L. 1068, No. 484) (52 P. S. § §  3201—3225).

Source

   The provisions of this §  401.16 adopted December 21, 1979, effective December 22, 1979, 9 Pa.B. 4163; amended August 6, 1993, effective August 7, 1993, 23 Pa.B. 3687. Immediately preceding text appears at serial pages (156730) to (156731).


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