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Current as of January 01, 2024 | Updated by Findlaw Staff
The director may disapprove a policy or certificate form of an insurer whose purpose according to its articles of incorporation is restricted to transacting legal expense insurance and business reasonably related thereto if he or she finds that it:
(1) Is unfair, unfairly discriminatory, misleading, or encourages misrepresentation or misunderstanding of the contract;
(2) Provides coverage or benefits or contains other provisions that would endanger the solidity of the insurer;
(3) Provides rates which are excessive, inadequate, or unfairly discriminatory; or
(4) Is contrary to law.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 44. Insurance § 44-3306. Policy or certificate form; disapproval; grounds - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-44-insurance/ne-rev-st-sect-44-3306/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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