Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-009 - INDUSTRIAL FIRE INSURANCE POLICIES
Section 482-1-009-.04 - Policy And Forms
Universal Citation: AL Admin Code R 482-1-009-.04
Current through Register Vol. 42, No. 5, February 29, 2024
An insurer issuing an industrial fire policy may not use the caption "The Standard Fire Policy." When policy designation is made, the words "Industrial," "Monthly," "Weekly Premium," or "Home Service" must be incorporated as a part of such caption. All policies and endorsements are subject to specific approval by this Department. All industrial fire policies must be marketed by a licensed producer authorized for the "Industrial (Debit) Fire" line of authority, or the "Property" and "Casualty" lines of authority.
Author: John Davis, Associate Counsel
Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-14-8.
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