2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 514A - ACCIDENT AND HEALTH INSURANCE
514A.3A - REFUND OF UNEARNED PREMIUM UPON DEATH OF INSURED.

        514A.3A  REFUND OF UNEARNED PREMIUM UPON DEATH OF
      INSURED.
         In the event of the death of the insured of any policy covered by
      this chapter, the insurer, upon receipt of notice of the insured's
      death supported by a certified copy of a valid death certificate and
      a request for a pro rata refund by a party entitled to claim such a
      refund, shall refund the unearned premium prorated to the month of
      the insured's death.  Refund of the premium and termination of the
      coverage shall be without prejudice to any claim originating prior to
      the date of the insured's death.  The commissioner of insurance shall
      adopt by rule the minimum amount required for issuance of a refund.
      
         Section History: Recent Form
         2004 Acts, ch 1110, §39
         Referred to in § 514D.3, 514D.7

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