Notice of cancellation

Sec. 2.5. An insurer may cancel a policy of insurance that the insurer has written that has been in effect ninety (90) days or less by mailing a written notice of cancellation to a person insured under the policy at least: (1) ten (10) days before cancelling if an insured has failed to pay a premium; (2) twenty (20) days before cancelling if the insured has perpetrated a fraud or material misrepresentation upon the insurer; or (3) thirty (30) days before cancelling for any other reason. As added by P.L.162-1988, SEC.4. Amended by P.L.196-2021, SEC.27.