Insurance Law 4316 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 4315 Arbitration; judicial review up ARTICLE 43 Non-profit Medical and Dental Indemnity, or Health and Hospital Service Corporations next SECTION 4317 Rating of individual and small group health insurance contracts Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 4316 Individual contracts; premium refund at death of insured Insurance (ISC) CHAPTER 28, ARTICLE 43 § 4316. Individual contracts; premium refund at death of insured. Under individual contracts for which premiums are paid directly to the corporation by the individual, if the death of the insured or a covered dependent occurs during a period for which the premium has been paid, the corporation shall refund the premium or the portion of the premium actually paid by the insured for that person for any period beyond the end of the policy month in which such death occurred.