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304.48-200 Requirement of written evidence of coverage -- Contents.
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Every member of a liability self-insurance group shall receive written evidence of
coverage by the group.
All evidences of coverage issued pursuant to this section shall contain coverage
terms, conditions, and exclusions.
All evidences of coverage issued pursuant to this section, other than those issued by
liability self-insurance groups formed by governmental entities which do not have
joint and several liability, shall contain the following disclosure in prominent,
contrasting type: THIS COVERAGE HAS BEEN PLACED WITH A LIABILITY
SELF-INSURANCE GROUP WHICH HAS RECEIVED A CERTIFICATE OF
FILING FROM THE COMMONWEALTH OF KENTUCKY. CLAIMS AGAINST
GROUP MEMBERS ARE NOT COVERED BY THE KENTUCKY INSURANCE
GUARANTY ASSOCIATION. GROUP MEMBERS MAY BE ASSESSED IN
THE EVENT OF INSOLVENCY OF THE LIABILITY SELF-INSURANCE
GROUP.
All evidences of coverage issued pursuant to this section by liability self-insurance
groups formed by governmental entities which have joint and several liability, shall
contain the following disclosure in prominent, contrasting type: THIS COVERAGE
HAS BEEN PLACED WITH A LIABILITY SELF-INSURANCE GROUP WHICH
HAS
RECEIVED A CERTIFICATE OF FILING FROM THE
COMMONWEALTH OF KENTUCKY. CLAIMS AGAINST GROUP MEMBERS
ARE NOT COVERED BY THE KENTUCKY INSURANCE GUARANTY
ASSOCIATION.
Effective: July 15, 1994
History: Created 1994 Ky. Acts ch. 358, sec. 20, effective July 15, 1994.
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