41-2504 — APPLICATION OF UNINSURED MOTORIST COVERAGE
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TITLE 41
INSURANCE
CHAPTER 25
CASUALTY INSURANCE CONTRACTS
41-2504. APPLICATION OF UNINSURED MOTORIST COVERAGE. An insurer's
insolvency protection shall be applicable only to accidents occurring during a
policy period in which its insured's uninsured motorist coverage is in effect
where the liability insurer of the tortfeasor becomes insolvent within one (1)
year after such an accident. Nothing herein contained shall be construed to
prevent any insurer from affording insolvency protection under terms and
conditions more favorable to its insureds than is provided hereunder.