Policies and contracts of insurance under this chapter shall contain a provision to the effect that the insolvency or bankruptcy of the employer and the employer’s discharge in bankruptcy shall not relieve the insurance carrier from the payment of compensation for injuries or death sustained by an employee during the life of the policy or contract.
Vt. Stat. Ann. tit. 21, § 695
Insolvency of employer not to release insurance carrier
Amended 2023, No. 85 (Adj
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.