North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 12 - LIFE AND HEALTH DIVISION
Section .0300 - GENERAL PROVISIONS
Section 12 .0306 - LIFE: HEALTH AND ACCIDENT COVERAGES: POLICY OUT OF STATE

Universal Citation: 11 NC Admin Code 12 .0306
Current through Register Vol. 39, No. 6, September 16, 2024

Where a group master policy is written upon application taken outside this jurisdiction covering individuals in this state the certificate covering lives within this state shall be considered "North Carolina business" and reported through the office of some general agent, resident in or having territory within the state. This Rule does not apply to group mortgage and blanket scholastic policies where the policy must be issued in North Carolina.

Authority G.S. 58-3-1; 58-2-40;
Eff. February 1, 1976;
Readopted Eff. September 26, 1978;
Amended Eff. February 1, 1992; July 1, 1986;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. May 1, 2018.

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