11 NCAC 12 .0557. POLICIES CONTAINING A TERMINATION OR CANCELLATION PROVISION

(a)  Any policy or certificate of insurance that may be terminated for reasons other than non‑payment of premium or the insured's stated age must be affixed with a notice referring the insured to the renewal provision.  Such notice must appear in 12 point bold red print and read as follows:  Important Cancellation Information ‑ Please Read The Provision Entitled, ".................", Found On Page "...".

(b)  Laser printed policies are not subject to the red print requirement in Paragraph (a) of this Rule if the notice is in bold face print and if the insurer certifies that its policy forms are produced by laser print.

 

History Note:        Authority G.S. 58‑2‑40; 58‑51‑1;

Eff. April 1, 1989;

Amended Eff. February 1, 1992.