Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 365. Insurance Department |
Chapter 15. Property and Casualty |
Subchapter 1. General Provisions |
SECTION 365:15-1-16. Standard policy provision - medical payments
Latest version.
- No insurance policy or contract shall be made, issued or delivered by any insurer or by any agent or representative thereof, that limits or excludes funeral expenses from the medical payments coverage. The Insurance Commissioner may waive this requirement. If the Insurance Commissioner waives this requirement, the initial page of the policy shall include a conspicuous notice indicating that the insurance policy or contract excludes funeral expenses under the medical payments coverage and advising the policyholder to read its provisions.