2006 New York Code - Withdrawal Of Approval Of Policy Forms.



 
    §  3202.  Withdrawal  of  approval of policy forms. The superintendent
  may, in accordance with section three thousand one hundred ten  of  this
  chapter, withdraw an approval previously given to a policy form pursuant
  to  section  three  thousand  two  hundred  one  of  this  article.  The
  superintendent may also withdraw an approval in the  case  of  any  such
  policy  form  (i)  pertaining  to  accident and health insurance, if the
  benefits provided therein are unreasonable in relation  to  the  premium
  charged,  or if it contains provisions which encourage misrepresentation
  or are unjust, unfair, inequitable, misleading, deceptive,  contrary  to
  law  or  to  the public policy of this state, or (ii) pertaining to life
  insurance, annuity  contract,  group  annuity  certificate,  or  funding
  agreement,  if in his judgment the use of such form would be prejudicial
  to the interests of policyholders or members, or it contains  provisions
  which are unjust, unfair or inequitable.

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