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Maine Revised Statutes Title 24-A. Maine Insurance Code § 2162-A. Payment of dividend conditioned upon renewal; unfair trade practice

Current as of January 01, 2022 | Updated by FindLaw Staff

It is an unfair trade practice to make the payment of a policy dividend or any portion of a dividend conditioned upon renewal of the policy or contracts. This section does not apply to the first year dividend on life insurance policies.

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Cite this article: FindLaw.com - Maine Revised Statutes Title 24-A. Maine Insurance Code § 2162-A. Payment of dividend conditioned upon renewal; unfair trade practice - last updated January 01, 2022 | https://codes.findlaw.com/me/title-24-a-maine-insurance-code/me-rev-st-tit-24-a-sect-2162-a/

Read this complete Maine Revised Statutes Title 24-A. Maine Insurance Code § 2162-A. Payment of dividend conditioned upon renewal; unfair trade practice on Westlaw. Westlaw subscription required.

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