Acts and Regulations

I-12 - Insurance Act

Full text
Particulars in policy – contract of group insurance
191In the case of a contract of group insurance, an insurer shall set forth the following particulars in the policy:
(a) the name or a sufficient description of the insured,
(b) the method of determining the group persons insured and persons insured,
(c) the amount or the method of determining the amount of the insurance money payable and the conditions under which it becomes payable,
(d) the period of grace, if any, within which the premium may be paid, and
(e) the term of the insurance or the method of determining the day upon which the insurance commences and terminates.
1968, c.6, s.191