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Section 27-3-38.3 Exception to life and health and accident exemption.

RI Gen L § 27-3-38.3 (2019) (N/A)
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§ 27-3-38.3. Exception to life and health and accident exemption. The provisions of this chapter do not apply to life and health and accident, as noted in § 27-3-38(a), and surplus lines brokers may not place insurance in those lines in the surplus market. An exception is hereby made to this prohibition for the procurement of disability insurance with a benefit limit in excess of a benefit limit available from an admitted insurer. For that class of business only, a broker may obtain insurance from the surplus market.

History of Section. (P.L. 2019, ch. 103, § 1; P.L. 2019, ch. 136, § 1.)

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Section 27-3-38.2 Definitions.
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