Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 3. Commerce, Community, and Economic Development. |
Part 3.1. Banking, Securities, Small Loans and Corporations. |
Chapter 3.26. Trade Practices. |
Article 3.26.1. Unfair Claims Settlement Acts or Practices. |
Section 3.26.865. Supplemental contract required.
Latest version.
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If an insurer settles benefits through a retained asset account, the insurer shall provide the beneficiary with a supplemental contract that clearly discloses the rights of the beneficiary and the obligations of the insurer under the contract.
Authorities
21.06.090;21.96.030