631.48 Nonwaiver clause. An insurer may insert in any insurance policy a provision that no change in the policy is valid unless approved by an executive officer of the insurer, or unless the approval is endorsed on the policy or attached to it, or both, and that no agent has authority to change the policy or waive any of its provisions. This does not preclude a person claiming a right under the policy from relying on waiver or estoppel in an appropriate case.
History: 1975 c. 375.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 631 - Insurance contracts generally.
631.01 - Application of statutes.
631.03 - Insurance in mutuals.
631.05 - Oral contracts of insurance and binders.
631.07 - Insurable interest and consent.
631.08 - Mistakes in contracts.
631.09 - Knowledge and acts of agents.
631.11 - Representations, warranties and conditions.
631.13 - Incorporation by reference.
631.15 - Contract rights under noncomplying policies.
631.17 - Written reason for coverage denial.
631.20 - Filing and approval of forms.
631.21 - Explicit approval required.
631.22 - Consumer insurance policy readability.
631.23 - Authorized clauses for insurance forms.
631.24 - Credit life and disability insurance.
631.27 - Rules of law as provisions of contracts.
631.28 - Notice of right to file complaint.
631.31 - Clauses required to be on first page.
631.36 - Termination of insurance contracts by insurers.
631.37 - Special cancellation provisions.
631.39 - Renewals in affiliates.
631.41 - Policies jointly issued.
631.43 - Other insurance provisions.
631.45 - Limitations on loss to be borne by insurer.
631.51 - Dividends on policies.
631.61 - Group and blanket insurance.
631.69 - Insurance written in connection with finance plans.
631.81 - Notice and proof of loss.
631.83 - Limitation of actions.
631.85 - Appraisal or arbitration.
631.89 - Restrictions on use of genetic test results.
631.90 - Restrictions on use of tests for HIV.
631.93 - Prohibited provisions concerning HIV infection.
631.95 - Restrictions on insurance practices; domestic abuse.