California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 2 - Policy Forms and Other Documents
Article 10 - Commissioner's Review of Complaints of Unlawful Cancellation, Rescission or Nonrenewal of Health Insurance Policies
Section 2274.53 - Grace Period
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
For purposes of Insurance Code sections 10273.4, 10273.6 and 10713:
(a) The minimum 30-day grace period shall end no sooner than the thirtieth day following the last day of coverage for which the insurer has received payment.
(b) In order for a policyholder, certificate holder or other insured to have been "duly notified," the insurer must have sent to the policyholder, certificate holder or other insured a notice of intent to nonrenew due to nonpayment:
(c) The notice of intent to nonrenew due to nonpayment required by subdivision (b) of this section must provide instructions for making the premium payment necessary in order to maintain coverage in force.
(d) In the event the necessary premium payment is delivered to the insurer on or before the last day of the minimum 30-day grace period, the insurer shall continue coverage beyond the grace period without interruption pursuant to the terms of the policy or certificate.
(e) This Section 2274.53 shall not be construed to require that the insurer send the notice of intent to nonrenew due to nonpayment required by subdivision (b) of this section to:
1. New section filed 11-20-2013; operative 1-1-2014 (Register 2013, No. 47).
Note: Authority cited: Sections 10273.7 and 12926, Insurance Code; CalFarm Ins. Co. v. Deukmejian, 48 Cal.3d 805 (1989) and 20th Century Ins. Co. v. Garamendi, 8 Cal. 4th 216 (1994). Reference: Sections 10273.4, 10273.6, 10273.7, 10384, 10384.17 and 10713, Insurance Code.