304.18 -125 Liability for claims incurred during grace periods. (1) The insurer shall be liable for valid claims for covered losses incurred prior to the end of the grace period if the premium charge is paid prior to the end of the grace period. (2) This section shall not eliminate the responsibility of the insurer to noti fy persons of the right to continue or convert group health insurance coverage pursuant to KRS 304.18 -110 and 304.18 -120. Effective: July 15, 2002 History: Amended 2002 Ky. Acts ch. 249, sec. 3, effective July 15, 2002. -- Created 1990, Ky. Acts ch. 119, s ec. 2, effective July 13, 1990.
Kentucky Legal Code