2006 Kentucky Revised Statutes - .030   Required statements for applications and claims forms.

304.47-030 Required statements for applications and claims forms. (1) All applications shall contain a statement in a form approved by the Office of Insurance that clearly states in substance the following: "Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance containing any materially false information or conceals, for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act, which is a crime." (2) All claim forms shall contain a statement in a form approved by the Office of Insurance that clearly states in substance the following: "Any person who knowingly and with intent to defraud any insurance company or other person files a statement of claim containing any materially false information or conceals, for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act, which is a crime." (3) Fraud warning statements shall not be required on applications or claim forms used by reinsurers. Effective: July 15, 1998 History:Amended 1998 Ky. Acts ch. 129, sec. 2, effective July 15, 1998. -- Created 1994 Ky. Acts ch. 496, sec. 19, effective July 15, 1994. Legislative Research Commission Note (6/20/2005). 2005 Ky. Acts chs. 11, 85, 95, 97, 98, 99, 123, and 181 instruct the Reviser of Statutes to correct statutory references to agencies and officers whose names have been changed in 2005 legislation confirming the reorganization of the executive branch. Such a correction has been made in this section. Page 1 of 1