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2012 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 33: HEALTH INSURANCE CONTRACTS
24-A §2721-A. Overinsurance in accident policies -- same insurer

Universal Citation:
24-A ME Rev Stat § 2721-A (2012 through 125th Legis)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

§2721-A. Overinsurance in accident policies -- same insurer

Whenever accident policies are effective immediately upon purchase, including but not limited to those policies purchased through coin-operated machines, there may be a provision included in the policy as follows:

"If an accident policy or policies previously issued by the insurer to the insured be in force concurrently herewith making the aggregate indemnity for (insert type of coverage or coverages) in excess of $ (insert maximum limit of indemnity or indemnities) the excess shall be void and all premiums for such excess shall be returned to the insured or to his estate."

SECTION HISTORY

1975, c. 121, (NEW). 1975, c. 121, (NEW).

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