Kentucky Administrative Regulations
Title 806 - PUBLIC PROTECTION CABINET - DEPARTMENT OF INSURANCE
Chapter 14 - Insurance Contract
Section 806 KAR 14:010 - Proof of loss; form

Universal Citation: 806 KY Admin Regs Service 14:010

Current through Register Vol. 50, No. 9, March 1, 2024

RELATES TO: KRS 304.14-270

NECESSITY, FUNCTION, AND CONFORMITY: KRS 304.2-110 provides that the Executive Director of Insurance may make reasonable rules and administrative regulations necessary for or as an aid to the effectuation of any provision of the Kentucky Insurance Code. This administrative regulation prohibits insurer's rejection of an insured's proof of loss solely for failure to be in or on a particular form.

Section 1. An insurer shall not refuse to accept a proof of loss submitted by a policyholder in support of a claim under its policy solely because it is not in or upon a particular form required by the insurer, unless within reasonable time following receipt of notice of claim the insurer notifies the policyholder in writing as to the minimum requirements in a particular form which will be acceptable.

STATUTORY AUTHORITY: KRS 304.2-110

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