19 Miss. Code. R. 4-3.09 - Extent of Coverage
A. The Plan or CAIP
servicing carrier shall be required to write a policy or binder at a minimum
for the limits in the Financial Responsibility law of the State.
B. Notwithstanding paragraph A, upon request
of any applicant, the Plan or CAIP servicing carrier shall provide limits
adequate to comply with the provisions of the Financial Responsibility Law of
any state in which the motor vehicle will be operated, but applicable only
while the motor vehicle is being operated in that state/province.
C. Upon request of the insured, a standard
loss payable clause for the benefit of a lien-holder shall be included in the
policy.
Notes
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