31 Pa. Code § 89.16 - Riders and endorsements
(a)
Endorsements, if printed on the form or to be applied by stamp, shall be
separately submitted in duplicate on the letterhead of the insurer for approval
or filing.
(b) "Open face" or
"blank" amendment forms, riders or endorsements may be used to change variable
or illustrative material without submission to the Department.
(c) A rider or endorsement which reduces or
eliminates coverage under the policy shall provide for signed acceptance by the
policy owner, except in the case of a rider or endorsement which is used only
at the time of policy issue.
(d)
With respect to impairment riders, a representative selection of the type of
fill-in material shall be shown when submitting the form. Additional or
alternative material which differs in fundamental approach should also be
submitted at the time when the material is to be used. The material may not be
used with forms delivered in this Commonwealth after receipt of nonacceptance
by the Department.
Notes
This section cited in 31 Pa. Code § 90e.6 (relating to amendment of contract).
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.