Okla. Stat. tit. 36, § 36-6675
This is the official text of Okla. Stat. tit. 36, § 36-6675, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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Portable electronics insurance - Termination of policy or
Official statutory text
change in terms.
Notwithstanding any other provision of law:
1. An insurer may terminate or otherwise change the terms and
conditions of a policy of portable electronics insurance only upon
providing the policyholder and enrolled customers with at least
thirty (30) days' notice;
2. If the insurer changes the terms and conditions of the
policy, then the insurer shall provide the vendor policyholder with
a revised policy or endorsement and each enrolled customer with a
revised certificate, endorsement, updated brochure, or other
evidence indicating a change in the terms and conditions has
occurred and a summary of material changes;
3. Notwithstanding paragraph 1 of this section, an insurer may
terminate an enrolled customer's enrollment under a portable
Oklahoma Statutes - Title 36. Insurance Page 1342
electronics insurance policy upon fifteen (15) days' notice for
discovery of fraud or material misrepresentation in obtaining
coverage or in the presentation of a claim thereunder;
4. Notwithstanding paragraph 2 of this section, an insurer may
immediately terminate an enrolled customer's enrollment under a
portable electronics insurance policy:
a. for nonpayment of premium,
b. if the enrolled customer ceases to have an active
service with the vendor of portable electronics, or
c. if an enrolled customer exhausts the aggregate limit
of liability, if any, under the terms of the portable
electronics insurance policy and the insurer sends
notice of termination to the enrolled customer within
thirty (30) calendar days after exhaustion of the
limit. If notice is not timely sent, enrollment shall
continue notwithstanding the aggregate limit of
liability until the insurer sends notice of
termination to the enrolled customer;
5. When a portable electronics insurance policy is terminated
by a policyholder, the policyholder shall mail or deliver written
notice to each enrolled customer advising the enrolled customer of
the termination of the policy and the effective date of termination.
The written notice shall be mailed or delivered to the enrolled
customer at least thirty (30) days prior to the termination;
6. Whenever notice or correspondence with respect to coverage
under a policy of portable electronics insurance is required
pursuant to this section, or is otherwise required by law, it shall
be in writing and sent within the notice period, if any, specified
within the statute or regulation requiring the notice or
correspondence. Notwithstanding any other provision of law, notices
and correspondence may be sent by mail or by electronic means as set
forth in this paragraph. If the notice or correspondence is mailed,
it shall be sent to the vendor of portable electronics at the
vendor's mailing address specified for such purpose and to its
affected enrolled customers' last known mailing addresses on file
with the insurer. The insurer or vendor of portable electronics, as
the case may be, shall maintain proof of mailing in a form
authorized or accepted by the United States Postal Service or other
commercial mail delivery service. If the notice or correspondence
is sent by electronic means, it shall be sent to the vendor of
portable electronics at the vendor's electronic mail address
specified for such purpose and to its affected enrolled customers'
last known electronic mail addresses as provided by each enrolled
customer to the insurer or vendor of portable electronics, as the
case may be. For purposes of this paragraph, an enrolled customer's
provision of an electronic mail address to the insurer or vendor of
portable electronics, as the case may be, shall be deemed consent to
Oklahoma Statutes - Title 36. Insurance Page 1343
receive notices and correspondence by electronic means. The insurer
or vendor of portable electronics, as the case may be, shall
maintain proof that the notice or correspondence was sent; and
7. Notice or correspondence required by this section or
to the insurer or vendor of
portable electronics, as the case may be, shall be deemed consent to
Oklahoma Statutes - Title 36. Insurance Page 1343
receive notices and correspondence by electronic means. The insurer
or vendor of portable electronics, as the case may be, shall
maintain proof that the notice or correspondence was sent; and
7. Notice or correspondence required by this section or
otherwise required by law may be sent on behalf of an insurer or
vendor, as the case may be, by the supervising entity appointed by
the insurer.
Notwithstanding any other provision of law:
1. An insurer may terminate or otherwise change the terms and
conditions of a policy of portable electronics insurance only upon
providing the policyholder and enrolled customers with at least
thirty (30) days' notice;
2. If the insurer changes the terms and conditions of the
policy, then the insurer shall provide the vendor policyholder with
a revised policy or endorsement and each enrolled customer with a
revised certificate, endorsement, updated brochure, or other
evidence indicating a change in the terms and conditions has
occurred and a summary of material changes;
3. Notwithstanding paragraph 1 of this section, an insurer may
terminate an enrolled customer's enrollment under a portable
Oklahoma Statutes - Title 36. Insurance Page 1342
electronics insurance policy upon fifteen (15) days' notice for
discovery of fraud or material misrepresentation in obtaining
coverage or in the presentation of a claim thereunder;
4. Notwithstanding paragraph 2 of this section, an insurer may
immediately terminate an enrolled customer's enrollment under a
portable electronics insurance policy:
a. for nonpayment of premium,
b. if the enrolled customer ceases to have an active
service with the vendor of portable electronics, or
c. if an enrolled customer exhausts the aggregate limit
of liability, if any, under the terms of the portable
electronics insurance policy and the insurer sends
notice of termination to the enrolled customer within
thirty (30) calendar days after exhaustion of the
limit. If notice is not timely sent, enrollment shall
continue notwithstanding the aggregate limit of
liability until the insurer sends notice of
termination to the enrolled customer;
5. When a portable electronics insurance policy is terminated
by a policyholder, the policyholder shall mail or deliver written
notice to each enrolled customer advising the enrolled customer of
the termination of the policy and the effective date of termination.
The written notice shall be mailed or delivered to the enrolled
customer at least thirty (30) days prior to the termination;
6. Whenever notice or correspondence with respect to coverage
under a policy of portable electronics insurance is required
pursuant to this section, or is otherwise required by law, it shall
be in writing and sent within the notice period, if any, specified
within the statute or regulation requiring the notice or
correspondence. Notwithstanding any other provision of law, notices
and correspondence may be sent by mail or by electronic means as set
forth in this paragraph. If the notice or correspondence is mailed,
it shall be sent to the vendor of portable electronics at the
vendor's mailing address specified for such purpose and to its
affected enrolled customers' last known mailing addresses on file
with the insurer. The insurer or vendor of portable electronics, as
the case may be, shall maintain proof of mailing in a form
authorized or accepted by the United States Postal Service or other
commercial mail delivery service. If the notice or correspondence
is sent by electronic means, it shall be sent to the vendor of
portable electronics at the vendor's electronic mail address
specified for such purpose and to its affected enrolled customers'
last known electronic mail addresses as provided by each enrolled
customer to the insurer or vendor of portable electronics, as the
case may be. For purposes of this paragraph, an enrolled customer's
provision of an electronic mail address to the insurer or vendor of
portable electronics, as the case may be, shall be deemed consent to
Oklahoma Statutes - Title 36. Insurance Page 1343
receive notices and correspondence by electronic means. The insurer
or vendor of portable electronics, as the case may be, shall
maintain proof that the notice or correspondence was sent; and
7. Notice or correspondence required by this section or
to the insurer or vendor of
portable electronics, as the case may be, shall be deemed consent to
Oklahoma Statutes - Title 36. Insurance Page 1343
receive notices and correspondence by electronic means. The insurer
or vendor of portable electronics, as the case may be, shall
maintain proof that the notice or correspondence was sent; and
7. Notice or correspondence required by this section or
otherwise required by law may be sent on behalf of an insurer or
vendor, as the case may be, by the supervising entity appointed by
the insurer.
Status: in_force · Read it on the official government site
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