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§ 756.4. Franchise accident and sickness insurance

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 40 P.S. Insurance (Refs & Annos)
Chapter 2. Insurance Companies (Refs & Annos)
Article VI. Casualty Insurance (Refs & Annos)
(b) Health and Accident Insurance (Refs & Annos)
40 P.S. § 756.4
§ 756.4. Franchise accident and sickness insurance
Accident and sickness insurance on a franchise plan is hereby declared to be that form of accident and sickness insurance issued to:
(1) Five or more employes of any corporation, partnership or individual employer or any governmental corporation, agency or department thereof.
(2) Ten or more members, employes or employes of members of any trade or professional association or of a labor union or of any other association having had an active existence for at least two years, where such association or union has a constitution or by-laws and is formed in good faith for purposes other than that of obtaining insurance, where such persons with or without their dependents are issued the same form of an individual policy, varying only as to amounts and kinds of coverage applied for by such persons under an arrangement whereby the premiums on such policies may be paid to the insurer periodically by the employer, with or without payroll deductions or by the association for its members or by some designated person acting on behalf of such employer or association. The term “employes”, as used herein, shall be deemed to include the officers, managers and employes of the employer and the individual proprietor or partners, if the employer is an individual proprietor or partnership.

Credits

1921, May 17, P.L. 682, art. VI, § 621.4, added 1955, Dec. 9, P.L. 807, § 2.
40 P.S. § 756.4, PA ST 40 P.S. § 756.4
Current through 2022 Regular Session Act 121. Some statute sections may be more current, see credits for details.
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