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;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. May 1, 2018.