If an Insurer Attempts to Issue a Policy with Limits

question 2

Short Answer

If an insurer attempts to issue a policy with limits less than the statutory requirements, the courts will the policy to make it provide statutorily mandated minimum limits.

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Definitions:

Confidentiality Requirements

Confidentiality requirements pertain to the obligations to protect personal, sensitive, or classified information from unauthorized access or disclosure.

Data Files

Electronic documents that store data in a structured format, used for processing and analysis in various software applications.

Archive

A collection of historical documents or records providing information about a place, institution, or group of people.

Publicize

To make something widely known or promoted to the public through various means of communication.