2006 Kentucky Revised Statutes - .070   Application for, and issuance of, medical malpractice insurance coverage.

304.40-070 Application for, and issuance of, medical malpractice insurance coverage. (1) Any licensed physician, hospital, or other licensed health care provider shall, on or after the effective date of the plan of operation, be entitled to apply to the association for medical malpractice insurance coverage. Such application may be made on behalf of an applicant by an agent authorized by the applicant. (2) If the association determines that the applicant meets the underwriting standards of the association as prescribed in the plan of operation and there is no unpaid, uncontested premium due from the applicant for prior insurance, then the association, upon receipt of the premium or such portion thereof as is prescribed in the plan of operation, shall cause to be issued a policy of medical malpractice insurance. Effective: June 19, 1976 History: Created 1976 Ky. Acts ch. 164, sec. 7, effective June 19, 1976.