25 Pa. Code § 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.

Notes

25 Pa. Code § 401.16

The provisions of this § 401.16 adopted December 21, 1979, effective 12/22/1979, 9 Pa.B. 4163; amended August 6, 1993, effective 8/7/1993, 23 Pa.B. 3687.

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