Sec. 38a-487. (Formerly Sec. 38-171). Coverage after termination date of policy. - Connecticut Statutes

      Sec. 38a-487. (Formerly Sec. 38-171). Coverage after termination date of policy. If any individual health insurance policy contains a provision establishing, as an age limit or otherwise, a date after which the coverage provided by the policy will not be effective, and if such date falls within a period for which a premium is accepted by the insurer or if the insurer accepts a premium after such date, the coverage provided by the policy will continue in force subject to any right of cancellation until the end of the period for which the premium has been accepted. If the age of the insured has been misstated and if, according to the correct age of the insured, the coverage provided by the policy would not have become effective, or would have ceased prior to the acceptance of such premium or premiums, the liability of the insurer shall be limited to the refund, upon request, of all premiums paid for the period not covered by the policy.

      (1951, S. 2841d; P.A. 90-243, S. 77.)

      History: P.A. 90-243 added reference to "an individual health insurance" policy; Sec. 38-171 transferred to Sec. 38a-487 in 1991.