Amendment #749 to H4200
Duplicate Application Requirements for dwelling fire Insurance Policies
Representatives Orrall of Lakeville and Muratore of Plymouth move to amend the bill by adding the following new section:-
“SECTION XX. Chapter 175 of the General Laws, as so appearing in the 2014 Official Edition, is hereby amended by striking out section 98 and inserting in place thereof the following section:-
Section 98.The issuance of a written memorandum of a preliminary contract of insurance, also referred to as a binder of insurance, shall be allowed for a period no longer than thirty days prior to the issuance of the actual insurance policy against loss or damage to a building fire.”.