- (a) A policy of individual supplemental unemployment insurance shall not provide for more than a 6 month exclusionary period, commencing with the initial policy’s effective date.
- (b) If the insured begins a period of involuntary unemployment during an exclusionary period, the policy shall be terminated and the insurer shall provide a full refund of premiums paid.
- (c) If the insured receives advance oral, written, or other notice of impending unemployment during an exclusionary period and thereafter begins a period of involuntary unemployment at the same job during the initial policy period that is directly related to that notice, the policy shall be terminated and the insurer shall provide a full refund of premium paid.
Source. #10863, eff 8-1-15; ss by #14507, eff 2-7-26, EXPIRES: 2-7-36