Louisiana Administrative Code
Title 37 - INSURANCE Part
Part XIII - Regulations
Chapter 179 - Regulation 118-Requirements in the Event of a Declared Emergency
Section XIII-17929 - Obligation of Insured to Pay Premium
Current through Register Vol. 50, No. 9, September 20, 2024
A. Unless otherwise cancelled in accordance with the provisions of §17921 herein, nothing in the Emergency Rule shall be construed to exempt or excuse an insured from the obligation to pay the premiums otherwise due for actual insurance coverage provided.
B. Those insureds entitled to the benefits, entitlements and protections of the Emergency Rule are advised that this suspension is not a waiver, but only an extension or grace period to facilitate payment of the premium.
C. Insurers are directed to work with and assist their affected insureds who reside in the impacted parishes with the payment of the premium that would have become due during this moratorium period by either establishing for the insured a payment plan for the unpaid premium or providing to the insured a further extension for the payment of the unpaid premium.
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:11.
