33-15-301. Requiring standard provisions -- waiver. (1) Insurance contracts must contain the standard or uniform provisions and benefits required by the applicable provisions of this code pertaining to contracts of particular kinds of insurance. The commissioner may waive a particular provision in a particular insurance policy form if:
(a) the commissioner finds the provision or benefit unnecessary for the protection of the insured and inconsistent with the purposes of the policy; and
(b) the policy is otherwise approved by the commissioner.
(2) A policy or certificate may not contain any provision or benefit inconsistent with or contradictory to any standard or uniform provision or benefit used or required to be used, but the commissioner may approve any substitute provision or benefit that is, in the commissioner's opinion, not less favorable in any particular to the insured or beneficiary than the provisions otherwise required.
(3) In lieu of the provisions required by this code for contracts for particular kinds of insurance, substantially similar provisions required by the law of the domicile of a foreign or alien insurer may be used when approved by the commissioner.
(4) A provision, if required to be contained in the policy, may not be waived by agreement between the insurer and any other person.
History: En. Sec. 273, Ch. 286, L. 1959; R.C.M. 1947, 40-3716; amd. Sec. 45, Ch. 379, L. 1995.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 15. The Insurance Contract
33-15-301. Requiring standard provisions -- waiver
33-15-302. Policy must contain entire contract
33-15-303. Contents of policies in general -- identification
33-15-304. Permissible content
33-15-305. Prohibited content -- charter or bylaws
33-15-306. Execution of policies -- facsimile signature
33-15-307. Underwriters' and combination policies
33-15-308. Explanation of charges
33-15-309. through 33-15-314 reserved
33-15-315. Validity of noncomplying forms
33-15-316. Construction of policies
33-15-317. Insurance coverage of punitive damages
33-15-318. Safety program requirement in workers' compensation policies
33-15-319. and 33-15-320 reserved
33-15-321. Life and disability insurance policy language simplification
33-15-324. Application -- exceptions
33-15-325. Minimum policy language simplification standards
33-15-326. Construction -- time period
33-15-327. Powers of the commissioner
33-15-329. Applicability schedule
33-15-330. through 33-15-332 reserved
33-15-337. Minimum policy simplification standards
33-15-338. Powers of commissioner
33-15-339. Compliance with other statutorily required language