11 NCAC 12 .1024             PROHIBITED POLICY PRACTICE

(a)  No insurer may increase the rate or premium charged to an insured for a policy because of:

(1)           the increasing age of the insured at ages beyond 65; or

(2)           the amount of time the insured has been covered under a policy.

(b)  This Rule applies only to policies newly issued on and after December 1, 1994.

 

History Note:        Authority G.S. 58‑2‑40(1); 58‑55‑30(a);

Eff. December 1, 1994;

Amended Eff. April 1, 1995.