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§4070. Requirements of other jurisdictions


Published: 2015

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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

107

:
HEALTH INSURANCE






Subchapter

001
:
GENERALLY










 

§

4070. Requirements of other jurisdictions

(a) Any policy

of a foreign or alien insurer, when delivered or issued for delivery to any

person in this state, may contain any provision which is not less favorable to

the insured or the beneficiary than the provisions of this chapter and which is

prescribed or required by the law of the state under which the insurer is

organized.

(b) Any policy

of a domestic insurer may, when issued for delivery in any other state or

country, contain any provision permitted or required by the laws of such other

state or country.