14 Va. Admin. Code § 5-335-50

Current through Register Vol. 40, No. 22, June 17, 2024

Section 14VAC5-335-50 - Prohibitions

A. The supplemental extended reporting period coverage shall not be canceled by the insurer without the consent of the insured except for nonpayment of premium or fraud.

B. No insurer shall deny coverage under a supplemental extended reporting period on the basis that other applicable insurance coverage is in effect. An insurer may apply the supplemental extended reporting period coverage as excess over other insurance.

14 Va. Admin. Code § 5-335-50

Derived from Virginia Register Volume 20, Issue 21, eff. January 1, 2005; Amended, Virginia Register Volume 34, Issue 16, eff. 10/1/2018.

Statutory Authority: §§ 12.1-13 and 38.2-223 of the Code of Virginia.