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Current as of January 01, 2024 | Updated by Findlaw Staff
For the purpose of §§ 27-29-17 -- 27-29-17.4:
(1) “ Commissioner” means the commissioner of insurance.
(2) “ Expiration date” means the date upon which coverage under a policy ends. It also means, for a policy written for a term longer than one year or with no fixed expiration date, each annual anniversary date of such policy.
(3) “ Nonrenewal” means termination of a policy at its expiration date.
(4) “ Renewal” or “ to renew” means the issuance of or the offer by an insurer to issue a policy succeeding a policy previously issued and delivered by the same insurer or an insurer within the same group of insurers, or the issuance of a certificate or notice extending the term of an existing policy for a specified period beyond its expiration date.
Cite this article: FindLaw.com - Rhode Island General Laws Title 27. Insurance § 27-29-17.1. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-27-insurance/ri-gen-laws-sect-27-29-17-1/
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