Current through P.L. 171-2024
Section 27-8-5.9-4 - Renewal requirements(a) An insurer may require an applicant for coverage under a short term insurance plan to specify, before issuance of the short term insurance plan, the number of renewals the applicant elects.(b) After issuance of a short term insurance plan, the insurer may not require underwriting of the short term insurance plan until: (1) all renewal periods elected under subsection (a) have ended; and(2) the covered individual renews the short term insurance plan beyond the periods described in subdivision (1).Added by P.L. 288-2019,SEC. 7, eff. 7/1/2019.