33-22-311. Overinsurance. The carrier is not required to issue a converted policy if at the time of application the applicant:
(1) (a) has coverage under other disability insurance policies, health service corporation contracts, or self-insured health benefit plans providing similar benefits;
(b) is eligible for coverage under a group policy or contract providing similar benefits;
(c) is provided with similar benefits required by any statute; or
(d) is covered under any national, state, or governmental plan; and
(2) has coverage under subsection (1) that, together with the converted policy, would result in overinsurance according to the carrier's underwriting standards.
History: En. Sec. 7, Ch. 245, L. 1981.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 22. Disability Insurance
Part 3. Requirements for Certain Individual Coverages
33-22-301. Coverage of newborn under disability policy
33-22-302. Age limits -- effect on coverage
33-22-303. Coverage for well-child care
33-22-304. Continuation of coverage for individuals with disabilities -- individual contracts
33-22-307. Continuity of coverage
33-22-308. Form of coverage -- requirements -- evidence of insurability -- preexisting conditions