Forms of insurance authorized

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20-1022. Forms of insurance authorized

Lloyd's associations are authorized to make any insurance as provided in this article, except life insurance or title insurance, on the Lloyd's plan, by complying with the requirements set forth in this article. Every policy form issued in this state by a Lloyd's association shall comply with all applicable provisions of chapters 5 and 6 of this title, and in addition shall contain, prominently displayed, in type not substantially smaller than the type used for the name of the company, the legend " not domesticated in Great Britain" or other equivalent language indicating that the insurer is not an alien Lloyd's association or insurer.


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