United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 24-A, § 2729: Renewability, 1969

Certain health insurance policies must include language limiting when an insurer can refuse renewal and protecting claims already arising while the policy was in force.

nonrenewalpolicy renewalpremium nonpayment

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01

Purpose and legislative effect

“Certain health insurance policies must include language limiting when an insurer can refuse renewal and protecting claims already arising while the policy was in force.”

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02

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    Enacted 1969 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Renewability

Certain health insurance policies must include language limiting when an insurer can refuse renewal and protecting claims already arising while the policy was in force.

Section 2729

04

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Source record from legislature.maine.gov · Enacted 1969 · Source version 1 Oct 2025

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Provision
§ 2729RenewabilityProvision

Certain health insurance policies must include language limiting when an insurer can refuse renewal and protecting claims already arising while the policy was in force.

Health insurance policies, other than accident insurance only policies, in which the insurer reserves the right to refuse renewal on an individual basis, shall provide in substance in a provision thereof or in an endorsement thereon or rider attached thereto that subject to the right to terminate the policy upon nonpayment of premium when due, such right to refuse renewal may not be exercised so as to take effect before the renewal date occurring on, or after and nearest, each policy anniversary (or in the case of lapse and reinstatement, at the renewal date occurring on, or after and nearest, each anniversary of the last reinstatement), and that any refusal of renewal shall be without prejudice to any claim originating while the policy is in force. The parenthetic reference to lapse and reinstatement may be omitted at the insurer's option. [PL 1969, c. 132, §1 (NEW).]
Section 2729Verify source

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  • 1 Oct 2025 · currentEnglish

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