This office clause is a form dealing with compliance with legal requirements and insurance recommendations covering most all of the issues covered.
North Carolina Clause Addressing Compliance with Legal Requirements and Insurance Recommendations
Category:
State:
Multi-State
Control #:
US-OL13064
Format:
Word;
PDF
Instant download
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FAQ
(b) No captive insurance company shall transact any insurance business in this State unless: (1) It obtains a license from the Commissioner pursuant to subsection (c) of this section authorizing it to do insurance business in this State. (2) Its governing board holds at least one meeting each year in this State.
North Carolina Motor Vehicle Law requires that Automobile Liability coverage be continuously maintained. The minimum coverage requirements are $30,000 Bodily Injury for each person, $60,000 total Bodily Injury for all persons in an accident and $25,000 for Property Damage.
§ 58-53-30. In order to be eligible for continuation of coverage, the employee or member must make a written election of continuation, on a form furnished by the group policyholder or by the insurer.
???????? if both parents have the same birthday, the benefits of the Plan that has covered a parent for a longer period of time are determined before those of the Plan that has covered the other parent for a shorter period of time; however, if the other Plan has a rule based on the gender of the parent, and if as a ...
Under state law, the Insurance Commissioner serves as State Fire Marshal. From training fire and rescue personnel, to helping improve building codes, to awarding grants to fire and rescue departments for equipment, OSFM plays a vital role in protecting lives and property in North Carolina.
North Carolina Department of Insurance Prompt Claim Payment Guidance. N.C.G.S. § 58-3-225 requires an insurer within thirty calendar days after receipt of a claim to either pay a claim or send a notice to the claimant.
(a) It is unlawful for any insurance company licensed and admitted to do business in this State to issue, sell, or dispose of any policy, contract, certificate, or certificate of insurance, or use applications in connection therewith, until the forms of the same have been submitted to and approved by the Commissioner, ...
Final answer: Insurers need to clearly specify questions for marketing research when conducting customer satisfaction surveys and evaluating advertising campaigns.
