No provision of chs. 600 to 646 and 655 may be interpreted to forbid an oral contract of insurance or issuance of a written binder. The 2631.05 INSURANCE CONTRACTS GENERALLY insurer shall issue a policy as soon as reasonably possible after issuance of any binder or negotiation of an oral contract.
Wis. Stat. § 631.05
Oral contracts of insurance and binders
1975 c. 375; 1979 c. 89; 1989 a. 187 s. 29
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.