reglab/housing_qa huggingface dataset:
AL Code § 27-14-4 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-4 - Insurable Interest - Property Insurance.

Section 27-14-4Insurable interest - Property insurance. (a) No contract of insurance of property or of any interest in property, or arising from property, shall be enforceable as to the insurance except for the benefit of persons having an insurable interest in the things insured as at the time of the loss. (b) "Insurable interest," as used in this section, means any actual, lawful and substantial economic interest in the safety or preservation of the subject of the insurance free from loss, destruction, or pecuniary damage or impairment. (c) The measure of an insurable interest in property is the extent to which the insured might be damnified by loss, injury, or impairment thereof. (Acts 1971, No. 407, p. 707, §317.)
AL Code § 27-14-5 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-5 - Power to Contract; Purchase of Insurance by or for Minors.

Section 27-14-5Power to contract; purchase of insurance by or for minors. (a) Any person of competent legal capacity may contract for insurance. (b) Any minor of the age of 15 years or more, as determined by the nearest birthday, may, notwithstanding his minority, contract for annuities, or for insurance upon his own life, body, health, property, liabilities, or other interests or on the person of another in whom the minor has an insurable interest. Such a minor shall, notwithstanding such minority, be deemed competent to exercise all rights and powers with respect to, or under: (1) Any contract for annuity or for insurance upon his own life, body, or health; or (2) Any contract such minor effected upon his own property, liabilities, or other interests or on the person of another, as might be exercised by a person of full legal age, and may at any time surrender his interest in any such contracts and give valid discharge for any benefit accruing or money payable thereunder. Such a minor shall not, by reason of his minority, be entitled to rescind, avoid or repudiate the contract nor to rescind, avoid or repudiate any exercise of a right or privilege thereunder; except, that such a minor, not otherwise emancipated, shall not be bound by any unperformed agreement to pay by promissory note or otherwise, any premium on any such annuity or insurance contract. (c) Any annuity contract or policy of life or disability insurance procured by or for a minor under subsection (b) of this section, shall be made payable either to the minor or his estate or to a person having an insurable interest in the life of the minor. (Acts 1967, No. 96, p. 434, §1; Acts 1971, No. 407, p. 707, §318.)
AL Code § 27-14-6 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-6 - Application for Policy - Requirement; Reliance by Insurer; Admissibility Into Evidence; Alterations.

Section 27-14-6Application for policy - Requirement; reliance by insurer; admissibility into evidence; alterations. (a) No life or disability insurance contract upon an individual, except a contract of group life insurance or of group or blanket disability insurance, shall be made or effectuated unless at the time of the making of the contract the individual insured, being of competent legal capacity to contract, applies therefor or has consented thereto, except in the following cases: (1) A spouse may effectuate such insurance upon the other spouse;  (2) Any person having an insurable interest in the life of a minor or any person upon whom a minor is dependent for support and maintenance may effectuate insurance upon the life of, or pertaining to, such minor; and (3) Family policies may be issued insuring any two or more members of a family on an application signed by either parent, a stepparent or by a husband or wife; (b) An insurer shall be entitled to rely upon all statements, declarations, and representations made by an applicant for insurance relative to the insurable interest which such applicant has in the insured, and no insurer shall incur any legal liability except as set forth in the policy by virtue of any untrue statements, declarations, or representations so relied upon in good faith by the insurer. (c) As to kinds of insurance other than life or disability insurance, no application for insurance signed by, or on behalf of, the insured shall be admissible in evidence in any action between the insured and the insurer arising out of the policy so applied for if the insurer has failed, at expiration of 30 days after receipt by the insurer of written demand therefor by, or on behalf of, the insured, to furnish to the insured a copy of such application reproduced by any legible means. (d) No alteration of any written application for any life or disability insurance policy shall be made by any person other than the applicant without his written consent, except that insertions may be made by the insurer, for administrative purposes only, in such manner as to indicate clearly that such insertions are not to be ascribed to the applicant; provided, however, an insurer may prepare and attach to a contract of life or disability insurance a summary of the contents of the application therefor. (Acts 1971, No. 407, p. 707, §319; Acts 1988, No. 88-545, p. 844, §1.)
AL Code § 27-14-7 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-7 - Application for Policy - Representations and Misrepresentations, Etc.

Section 27-14-7Application for policy - Representations and misrepresentations, etc. (a) All statements and descriptions in any application for an insurance policy or annuity contract, or in negotiations therefor, by, or in behalf of, the insured or annuitant shall be deemed to be representations and not warranties. Misrepresentations, omissions, concealment of facts and incorrect statements shall not prevent a recovery under the policy or contract unless either: (1) Fraudulent; (2) Material either to the acceptance of the risk or to the hazard assumed by the insurer; or (3) The insurer in good faith would either not have issued the policy or contract, or would not have issued a policy or contract at the premium rate as applied for, or would not have issued a policy or contract in as large an amount or would not have provided coverage with respect to the hazard resulting in the loss if the true facts had been made known to the insurer as required either by the application for the policy or contract or otherwise. (b) No plea of misrepresentation or fraud in connection with the issuance of a life insurance policy or annuity contract shall be filed unless accompanied by a payment into court of all premiums paid on the policy or contract. (Code 1940, T. 28, §6; Acts 1971, No. 407, p. 707, §320.)
AL Code § 27-14-9 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-9 - Forms - Grounds for Disapproval or Withdrawal of Previous Approval.

Section 27-14-9Forms - Grounds for disapproval or withdrawal of previous approval. The commissioner may disapprove any form filed under Section 27-14-8 or withdraw any previous approval thereof only if the form: (1) Is in any respect in violation of, or does not comply with, this title; (2) Contains or incorporates by reference, where such incorporation is otherwise permissible, any inconsistent, ambiguous, or misleading clauses or exceptions and conditions which deceptively affect the risk purported to be assumed in the general coverage of the contract; (3) Has any title, heading, or other indication of its provisions which is misleading; (4) Is printed, or otherwise reproduced, in such manner as to render any provision of the form substantially illegible; or (5) Contains provisions which are unfair, or inequitable, or contrary to the public policy of this state or which would, because such provisions are unclear or deceptively worded, encourage misrepresentation. (Acts 1971, No. 407, p. 707, §322.)
AL Code § 27-14-10 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-10 - Standard or Uniform Provisions; Waiver or Substitution Thereof.

Section 27-14-10Standard or uniform provisions; waiver or substitution thereof. (a) Insurance contracts shall contain such standard or uniform provisions as are required by the applicable provisions of this title pertaining to contracts of particular kinds of insurance; however, the commissioner may waive the required use of a particular provision in a particular insurance policy form if: (1) He finds such provision unnecessary for the protection of the insured or inconsistent with the purposes of the policy; and (2) The policy is otherwise approved by him. (b) No policy shall contain any provision inconsistent with, or contradictory to, any standard or uniform provision used or required to be used, but the commissioner may approve any substitute provision which is, in his opinion, not less favorable in any particular to the insured or beneficiary than the provisions otherwise required. (c) In lieu of the provisions required by this title for contracts for particular kinds of insurance, substantially similar provisions required by the law of the domicile of a foreign or alien insurer may be used when approved by the commissioner. (Acts 1971, No. 407, p. 707, §323.)
AL Code § 27-14-11 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-11 - Contents of Policies - Generally.

Section 27-14-11Contents of policies - Generally. (a) Every policy shall specify: (1) The names of the parties to the contract; (2) The subject of the insurance; (3) The risks insured against; (4) The time when the insurance thereunder takes effect and the period during which the insurance is to continue; (5) The premium; and (6) The conditions pertaining to the insurance. (b) If under the policy the exact amount of premium is determinable only at stated intervals or termination of the contract, a statement of the basis and rates upon which the premium is to be determined and paid shall be included. (c) This section shall not apply as to surety contracts or to group insurance policies. (Acts 1971, No. 407, p. 707, §324.)
AL Code § 27-14-12 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-12 - Contents of Policies - Additional Provisions.

Section 27-14-12Contents of policies - Additional provisions. A policy may contain additional provisions not inconsistent with this title and which are: (1) Required to be inserted by the laws of the insurer's domicile; (2) Necessary, on account of the manner in which the insurer is constituted or operated, in order to state the rights and obligations of the parties to the contract; or (3) Desired by the insurer and neither prohibited by law nor in conflict with any provisions required to be included therein. (Acts 1971, No. 407, p. 707, §325.)
AL Code § 27-14-13 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-13 - Charter, Bylaws, etc., of Insurer as Part of Contract.

Section 27-14-13Charter, bylaws, etc., of insurer as part of contract. No policy shall contain any provision purporting to make any portion of the charter, bylaws, or other constituent document of the insurer, other than the subscriber's agreement or power of attorney of a reciprocal insurer, a part of the contract unless such portion is set forth in full in the policy. Any policy provision in violation of this section shall be invalid. (Acts 1971, No. 407, p. 707, §326.)
AL Code § 27-14-14 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-14 - Execution of Policies.

Section 27-14-14Execution of policies. (a) Every insurance policy shall be executed in the name of and on behalf of the insurer by its officer, attorney-in-fact, employee, or representative duly authorized by the insurer. (b) A facsimile signature of any such executing individual may be used in lieu of an original signature. (c) No insurance contract heretofore or hereafter issued and which is otherwise valid shall be rendered invalid by reason of the apparent execution thereof on behalf of the insurer by the imprinted facsimile of an individual not authorized so to execute as of the date of the policy. (Acts 1971, No. 407, p. 707, §327.)
AL Code § 27-14-15 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-15 - Underwriters' and Combination Policies.

Section 27-14-15Underwriters' and combination policies. (a) Two or more authorized insurers may jointly issue, and shall be jointly and severally liable on, an underwriters' policy bearing their names. Any one insurer may issue policies in the name of an underwriter's department, and such policy shall plainly show the true name of the insurer. (b) Two or more insurers may issue a combination policy which shall contain provisions substantially as follows: (1) That the insurers executing the policy shall be severally liable for the full amount of any loss or damage, according to the terms of the policy, or for specified percentages or amounts thereof, aggregating the full amount of insurance under the policy; and (2) That service of process, or of any notice or proof of loss required by such policy, upon any of the insurers executing the policy, shall constitute service upon all such insurers. (c) This section shall not apply to cosurety obligations. (Acts 1971, No. 407, p. 707, §328.)
AL Code § 27-14-16 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-16 - Noncomplying Policies, Riders, and Endorsements.

Section 27-14-16Noncomplying policies, riders, and endorsements. Any insurance policy, rider, or endorsement hereafter issued and otherwise valid which contains any condition or provision not in compliance with the requirements of this title shall not be thereby rendered invalid but shall be construed and applied in accordance with such conditions and provisions as would have applied had such policy, rider, or endorsement been in full compliance with this title. (Acts 1971, No. 407, p. 707, §329.)
AL Code § 27-14-17 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-17 - Construction of Policies.

Section 27-14-17Construction of policies. (a) Every insurance contract shall be construed according to the entirety of its terms and conditions as set forth in the policy and as amplified, extended, or modified by any rider, endorsement, or application which is a part of the policy. (b) A clause in any policy of life insurance, including burial insurance, providing that such policy shall be incontestible after a specified period shall preclude only a contest of the validity of the policy and shall not preclude the assertion at any time of defenses based upon provisions in the policy which exclude or restrict coverage, whether or not such restrictions or exclusions are excepted in such clause. (Acts 1971, No. 407, p. 707, §330.)
AL Code § 27-14-18 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-18 - Binders.

Section 27-14-18Binders. (a) Binders or other contracts for temporary insurance may be made orally or in writing and shall be deemed to include all the usual terms of the policy as to which the binder was given, together with such applicable endorsements as are designated in the binder, except as superseded by the clear and express terms of the binder. (b) No binder shall be valid beyond the issuance of the policy with respect to which it was given or beyond 90 days from its effective date, whichever period is the shorter. (c) If the policy has not been issued, a binder may be extended or renewed beyond such 90 days with the written approval of the commissioner or in accordance with such rules and regulations relative thereto as the commissioner may promulgate. (d) This section shall not apply to life or disability insurances. (Acts 1971, No. 407, p. 707, §331.)
AL Code § 27-14-19 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-19 - Delivery of Policies.

Section 27-14-19Delivery of policies. (a) Subject to the insurer's requirements as to payment of premium, every policy shall be mailed or delivered to the insured or to the person entitled thereto within a reasonable period of time after its issuance, except where a condition required by the insurer has not been met by the insured. (b) In event the original policy is delivered, or is so required to be delivered, to or for deposit with any vendor, mortgagee, or pledgee of any motor vehicle, and in which policy any interest of the vendee, mortgagor, or pledgor in or with reference to such vehicle is insured, a duplicate of such policy, setting forth the name and address of the insurer, insurance classification of vehicle, type of coverage, limits of liability, premiums for the respective coverages, and duration of the policy, or memorandum thereof containing the same such information, shall be delivered by the vendor, mortgagee, or pledgee to each such vendee, mortgagor, or pledgor named in the policy or coming within the group of persons designated in the policy to be so included. If the policy does not provide coverage of legal liability for injury to persons or damage to the property of third parties, a statement of such fact shall be printed, written, or stamped conspicuously on the face of such duplicate policy or memorandum. (Acts 1971, No. 407, p. 707, §332.)
AL Code § 27-14-20 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-20 - Renewal or Extension of Policies.

Section 27-14-20Renewal or extension of policies. Any insurance policy terminating by its term at a specified expiration date and not otherwise renewable may be renewed or extended at the option of the insurer, and upon a currently authorized policy form and at the premium rate then required therefor for a specific additional period, or periods, by certificate or by endorsement of the policy and without requiring the issuance of a new policy. (Acts 1971, No. 407, p. 707, §333.)
AL Code § 27-14-21 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-21 - Assignment of Policies.

Section 27-14-21Assignment of policies. (a) A policy may be assignable or not assignable, as provided by its terms. Subject to its terms relating to assignability, any life or disability policy, whether heretofore or hereafter issued, under the terms of which the beneficiary may be changed upon the sole request of the owner, may be assigned either by pledge or transfer of title by an assignment executed by the owner alone and delivered to the insurer, whether or not the pledgee or assignee is the insurer. Any such assignment shall entitle the insurer to deal with the assignee as the owner or pledgee of the policy in accordance with the terms of the assignment until the insurer has received at its home office written notice of termination of the assignment or pledge or written notice by, or on behalf of, some other person claiming some interest in the policy in conflict with the assignment. No such written assignment is required in the case of a policy loan made by the insurer under the terms of the policy. (b) A policy of life insurance, taken out by the insured himself or by a person having an insurable interest in the life of the insured, in good faith may, unless the policy provides otherwise, be assigned to anyone as any other chose in action without regard to whether the assignee has an insurable interest in the life insured or not. (Acts 1967, No. 98, p. 437; Acts 1971, No. 407, p. 707, §334.)
AL Code § 27-14-22 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-22 - Situs of Contracts.

Section 27-14-22Situs of contracts. All contracts of insurance, the application for which is taken within this state, shall be deemed to have been made within this state and subject to the laws thereof. (Code 1940, T. 28, §10; Acts 1971, No. 407, p. 707, §335.)
AL Code § 27-14-23 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-23 - Effect of War on Contracts of Foreign Insurer.

Section 27-14-23Effect of war on contracts of foreign insurer. No insurance contract issued to a citizen of this state by an insurer organized under the laws of a foreign country shall be invalidated by the occurrence of hostilities between such foreign country and the United States of America. (Code 1940, T. 28, §8; Acts 1971, No. 407, p. 707, §336.)
AL Code § 27-14-24 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-24 - Effect of Payments.

Section 27-14-24Effect of payments. Whenever the proceeds of, or payments under, a life or disability insurance policy or annuity contract, heretofore or hereafter issued, become payable in accordance with the terms of such policy or contract, or the exercise of any right or privilege thereunder, and the insurer makes payment thereof in accordance with the terms of the policy or contract or in accordance with any written assignment thereof, the person then designated in the policy or contract, or by such assignment, as being entitled thereto shall be entitled to receive such proceeds or payments and to give full acquittance therefor; and such payments shall fully discharge the insurer from all claims under the policy or contract, unless, before payment is made, the insurer has received at its home office written notice by, or on behalf of, some other person that such other person claims to be entitled to such payment or some interest in the policy or contract. (Acts 1971, No. 407, p. 707, §337.)
AL Code § 27-14-25 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-25 - Receipt and Giving of Acquittance and Discharge for Payment by Minors.

Section 27-14-25Receipt and giving of acquittance and discharge for payment by minors. (a) Any minor domiciled in this state who has attained the age of 18 years shall be deemed competent to receive and to give full acquittance and discharge for a payment, or payments, in aggregate amount not exceeding $3,000.00 in any one year, made by a life insurer under the maturity, death, or settlement agreement provisions in effect or elected by such minor under a life insurance policy or annuity contract, provided such policy, contract, or agreement shall provide for the payment, or payments, to such minor and if, prior to such payment, the insurer has not received written notice of the appointment of a duly qualified guardian of the property of such minor. No such minor shall be deemed competent to alienate the right to, or to anticipate, such payments. This section shall not be deemed to restrict the rights of minors set forth in Section 27-14-5. (b) This section shall not be deemed to require any insurer to determine whether any other insurer may be effecting a similar payment to the same minor. (Acts 1967, No. 96, p. 434; Acts 1971, No. 407, p. 707, §338.)
AL Code § 27-14-26 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 14 - The Insurance Contract.|Section 27-14-26 - Forms for Proof of Loss.

Section 27-14-26Forms for proof of loss. An insurer shall furnish, upon written request of any person claiming to have a loss under an insurance contract issued or assumed by such insurer, forms for proof of loss for completion by such person, but such insurer shall not, by reason of the requirement so to furnish forms, have any responsibility for, or with reference to, the completion of such proof or the manner of any such completion or attempted completion. (Acts 1971, No. 407, p. 707, §339.)