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Session Laws

1985

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CHAPTER 137 AN ACT FURTHER REGULATING THE FORM OF CERTAIN INSURANCE POLICIES.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION 1. Subsection 1 of section 2B of chapter 175 of the General Laws, as appearing in the 1984 Official Edition, is hereby amended by striking out clause (b) and inserting in place thereof the following clause:-

(b) It is printed, except for tables, in not less than ten point type, one point leaded.

SECTION 2. Clause Twelfth of section 99 of said chapter 175 is hereby amended by striking out the introductory paragraph, as appearing in the 1984 Official Edition, and inserting in place thereof the following paragraph:-

Said standard form of policy shall be plainly printed and all portions thereof shall be in type of at least ten point, one point leaded in size, and shall be substantively as follows:-.

SECTION 3. Said chapter 175, as so appearing, is hereby further amended by inserting after section 99A the following section:-

Section 99B. The commissioner may approve for use within the commonwealth any form of policy for property insurance which is issued to insure a business, professional or governmental operation, and which does not correspond to the standard fire insurance policy as set forth in section ninety-nine; provided, however, that the approved policy assures to the policyholders and claimants protection no less favorable than they would be entitled to under said section ninety-nine.

Approved July 3, 1985.