Except as provided in AS 21.51.030 (b), a policy delivered or issued for delivery to a person in this state may not contain provisions respecting the matters set out in AS 21.51.170 - 21.51.260 unless the provisions are in the words in which the same appear in the applicable section, except that the insurer may, at its option, use in lieu of the provision a corresponding provision of different wording approved by the director that is not less favorable in any respect to the insured or the beneficiary. The provision contained in the policy shall be preceded individually by the appropriate caption or, at the option of the insurer, by the appropriate individual or group captions or subcaptions as the director may approve.
Section: Previous 21.51.090 21.51.100 21.51.110 21.51.120 21.51.130 21.51.140 21.51.150 21.51.160 21.51.170 21.51.180 21.51.190 21.51.200 21.51.210 21.51.220 21.51.230 NextLast modified: November 15, 2016