2019 New York Laws
ISC - Insurance
Article 31 - Insurance Contracts - General
3107 - Sale of Insurance Policies by Vending Machine.

Universal Citation: NY Ins L § 3107 (2019)
§  3107.  Sale  of  insurance  policies  by  vending  machine. (a) Any
provision in a policy of accident insurance, requiring the signature  of
the insured, where such insurance is sold by a vending machine, shall be
inoperative  and  of  no  effect, unless a notice shall have been placed
upon such vending machine, containing letters  each  at  least  one-half
inch  high,  advising  that  the signature of the insured must be placed
upon such policy or contract, at time of purchase, to make  such  policy
or contract valid.

(b) No insurance shall be offered for sale, issued or sold by or from any vending machine or appliance or any other medium, device or object designed or used for vending purposes, herein called a device, except as provided in this section.

(c) A licensed agent may solicit applications for and issue policies of accident insurance or baggage insurance on personal effects by means of mechanical vending machines or other coin operated devices supervised by him and placed at airports, railroad stations or bus stations or other places to meet the convenience of the public, subject to the provisions of this section.

(d) Each policy to be sold by or from a device shall be reasonably suited for sale and issuance through such a device, and the location of such device shall be one that is of material convenience to the public.

(e) No policy of insurance, issued through any such device shall be for a period of time longer than ten days, or for the duration of a one-way or round trip, as applicable.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.