N.Y. Insurance Law Section 7909
Termination of service contract reimbursement insurance policy


An insurer that issues a service contract reimbursement insurance policy shall not terminate the policy except in accordance with § 3426 (Commercial lines insurance)section three thousand four hundred twenty-six of this chapter and upon notice to the superintendent. The termination of a service contract reimbursement insurance policy shall not reduce the issuer’s responsibility for service contracts issued in this state by providers prior to the date of the termination.

Source: Section 7909 — Termination of service contract reimbursement insurance policy, https://www.­nysenate.­gov/legislation/laws/ISC/7909 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 7909’s source at nysenate​.gov

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