31 Pa. Code § 67b.4

Current through Register Vol. 54, No. 38, September 21, 2024
Section 67b.4 - Notification

The assigned company shall mail a take-out notice to each insured eligible for take-out and the producer of record at least 45 days, but no more than 60 days, prior to the expiration of the Plan policy to be replaced. The take-out notice shall contain a provisional premium quotation for the voluntary market coverage being offered. If the assigned company complies with this section and the insured accepts take-out, the Plan shall give credit to the assigned company, at the expiration date of the Plan policy, for writing a voluntary market policy for risk previously insured by the Plan.

31 Pa. Code § 67b.4