SECTION 365:15-7-23. Waiver of Premium

Latest version.

Insurers may waive additional premium due from an insured. An insurer may also waive return premium due to an insured. However, any return premium shall be returned to the insured upon request. The amount to be waived for both the additional premium and the return premiums shall be shown on a manual rule page and filed with the Insurance Commissioner.

[Source: Added at 19 Ok Reg 1299, eff 7-14-02]

                    
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