Insurance Premium Finance Companies.

  1. Law
  2. Code of Alabama
  3. Insurance.
  4. Insurance Premium Finance Companies.

Checkout our iOS App for a better way to browser and research.

Section
27-40-1

Definitions.

Section
27-40-2

Exemptions From Chapter.

Section
27-40-3

Licenses - Required; Fees; Information to Be Furnished Commissioner.

Section
27-40-4

Licenses - Investigation and Qualifications of Applicant; Issuance.

Section
27-40-5

Licenses - Suspension or Revocation.

Section
27-40-6

Books and Records.

Section
27-40-7

Promulgation and Enforcement of Rules and Regulations.

Section
27-40-8

Contents and Style of Premium Finance Agreement.

Section
27-40-9

Service Charges; Prepayment of Obligation.

Section
27-40-10

Delinquency and Cancellation Charges.

Section
27-40-11

Procedure for Cancellation of Insurance Contract Upon Default.

Section
27-40-12

Return of Gross Unearned Premiums Upon Cancellation of Contract.

Section
27-40-13

Filing of Agreement.

Section
27-40-14

Exclusive Jurisdiction of Department of Insurance.

Section
27-40-15

Premium Financed to Be Sent to Insurance Company, Agent, or Surplus Lines Broker; Issuance of Drafts, etc.; Duties With Respect to Cancellation.

Section
27-40-16

Payment of Rebates or Inducements Prohibited; Purchase of Premium Finance Agreement.

Section
27-40-17

Notification of Existence of Premium Finance Agreement.

Section
27-40-18

Delivery of Copy of Premium Finance Agreement to Insured.