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KRS 304.14-240

Renewal of policy

Known as the Long-term Care Insurance Act

The act spans §§ 304.14-010 to 304.14-675 (77 sections).

Effective: June 24, 2003 History: Amended 2003 Ky

Any insurance policy terminating by its terms at a specified expiration date and not otherwise renewable, may be renewed or extended at the option of the insurer, upon a currently authorized policy form and at the premium rate then required therefor, for a specific additional period or periods by a certificate or by indorsement of the policy, and without requiring the issuance of a new policy. By agreement between the insurer and insured, the policy may be delivered electronically.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.