24-A §3003. Combination coverages
Title 24-A: MAINE INSURANCE CODE
Chapter 41: PROPERTY INSURANCE CONTRACTS
Subchapter 1: STANDARD FIRE POLICY
§3003. Combination coverages
Any policy or contract otherwise subject to section 3002 (standard fire policy required; exceptions), which includes either on an unspecified basis as to the coverage or for a single premium coverage against the peril of fire and substantial coverage against other perils need not comply with such provisions, provided: [1969, c. 132, §1 (NEW).]
1. Such policy or contract shall afford coverage, with respect to the peril of fire, not less than the coverage afforded by such Maine standard fire policy;
[ 1969, c. 132, §1 (NEW) .]
2. That such coverage as to the peril of fire shall be made subject without change to the same general provisions and stipulations as those of such standard fire policy;
[ 1969, c. 132, §1 (NEW) .]
3. The provisions in relation to mortgagee interests and obligations in such standard fire policy shall be incorporated therein without change;
[ 1969, c. 132, §1 (NEW) .]
4. Such policy or contract is complete as to all of its terms without reference to the standard form of fire insurance policy or any other policy;
[ 1969, c. 132, §1 (NEW) .]
5. The superintendent is satisfied that such policy or contract complies with the provisions hereof.
[ 1973, c. 585, §12 (AMD) .]
SECTION HISTORY
1969, c. 132, §1 (NEW). 1973, c. 585, §12 (AMD).