reglab/housing_qa huggingface dataset:
AK Stat § 21.42.050 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.050. Change of interest on death.

A change of interest, by will or succession, on the death of the insured does not avoid an insurance of property and the insurance passes to the person taking an interest in the thing insured.
AK Stat § 21.42.060 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.060. Transfer of interest between joint insureds.

A transfer of interest by one of the several partners, joint owners, or owners in common, who are jointly insured, to the others, does not avoid an insurance of property even though it has been agreed that the insurance shall cease upon an alienation of the thing insured.
AK Stat § 21.42.070 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.070. Insurance without interest, or of wager, is void.

(a) A stipulation in a policy of insurance of property for the payment of loss without regard to absence of an insurable interest in the property on the part of the insured, or that the policy shall be received as proof of the interest, is void. (b) A policy executed by way of gaming or wagering is void.
AK Stat § 21.42.075 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.075. Reimbursement of losses.

An insurer may make a filing for approval by the director that provides for reimbursement by an insured of losses paid by the insurer under a workers' compensation insurance policy. A form that alters the obligation of the insurer to an employee under AS 23.30.025 or 23.30.030 may not be approved by the director. Filing for approval under this section is not a deviation under AS 21.39.070.
AK Stat § 21.42.080 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.080. Capacity to contract.

(a) A person of competent legal capacity may contract for insurance. (b) [Repealed, § 25 ch 245 SLA 1970.]  (c) [Repealed, § 25 ch 245 SLA 1970.]  (d) [Repealed, § 25 ch 245 SLA 1970.]
AK Stat § 21.42.090 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.090. Application required, life and health insurance.

A life or health insurance contract upon an individual, except a contract of group life insurance or of group or blanket health insurance, may not 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 for the contract or has consented to it in writing, except in the following cases: (1) a spouse may effectuate the insurance upon the other spouse; (2) a person having an insurable interest in the life of a minor or a person upon whom a minor is dependent for support and maintenance, may effectuate insurance upon the life of or pertaining to the minor; (3) family policies insuring any two or more members of a family may be issued on an application signed by either parent, a stepparent, or by a husband or wife.
AK Stat § 21.42.100 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.100. Request for copy of application; alteration.

(a) If a policy of life or health insurance delivered in this state is reinstated or renewed, and the insured or the beneficiary or assignee of the policy makes written request to the insurer for a copy of the application, if any, for the reinstatement or renewal, the insurer shall, within 30 days after receipt of the request at its home office or at one of its branch offices, deliver, or mail to the person making the request a copy of the application. In the case of a request from a beneficiary, the time within which the insurer is required to furnish a copy of the application does not begin to run until after receipt of evidence satisfactory to the insurer of the beneficiary's vested interest in the policy or contract. (b) An alteration of a written application for a life or health insurance policy may not be made by a person other than the applicant without the written consent of the applicant, except that insertions may be made by the insurer, for administrative purposes only, in a manner that indicates clearly that the insertions are not to be ascribed to the applicant.
AK Stat § 21.42.110 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.110. Representations in applications.

All statements and descriptions in an application for an insurance policy or annuity contract, or in negotiations for the policy or contract, by or in behalf of the insured or annuitant, shall be considered to be representations and not warranties. Misrepresentations, omissions, concealment of facts, and incorrect statements may 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 in as large an amount, or at the same premium or rate, 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.
AK Stat § 21.42.123 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.123. Form filing subject to prior approval.

(a) A prior approval filing shall be made not less than 30 days before the effective date. At the end of the 30-day period, the form filed shall be considered approved unless, before the end of the 30-day period, it has been affirmatively disapproved by the director. Approval of the form by the director before the end of the 30-day period constitutes a waiver of the unexpired portion of the waiting period. The director may extend by not more than an additional 30 days the period for approving or disapproving the form, by giving notice of the extension during the initial 30-day period. At the expiration of the extended period, and in the absence of a prior approval or disapproval, the form shall be considered approved. The director may, by order, at any time after the notice, and for cause shown, withdraw the approval. (b) The director may require the insurer or rating organization to revise the filing to comply with this title. Failure of the insurer or rating organization to provide the information within 30 days after the director's request, or an extension of the period by the director for an additional 15 days upon written request of the insurer or rating organization within the response period, is considered to be a request by the insurer or rating organization to withdraw the filing from further consideration. (c) The filing must state an effective date. In place of a specific date, the insurer or rating organization may specify a reasonable time period after approval for the filing to be effective. (d) A prior approval filing shall be open to public inspection after the filing becomes effective.
AK Stat § 21.42.125 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.125. Form filing subject to file and use; penalties.

(a) A file and use filing shall be filed with the director for a waiting period of not less than 30 days. The period may be extended by the director or the insurer or rating organization for an additional 30 days if notice is given within the initial 30-day period that additional time is needed for the consideration of the filing. The filing may become effective at the end of the waiting period unless disapproved by the director before the expiration of the waiting period. (b) The filing must state an effective date that must be after the waiting period. Upon written notice by the insurer or rating organization, the director may authorize a filing that has been reviewed to become effective before the expiration of the waiting period. (c) A file and use form filing must include a signed compliance certificate certifying that the filing complies with this title. An authorized officer or state filings manager of the insurer shall sign the compliance certificate stating that, to the best of the individual's knowledge, the filing complies with this title. The director may issue an order requiring an insurer who submits an incomplete or inaccurate compliance certificate to submit future form filings for prior approval. The order must specify the conditions under which the insurer may again submit filings under this section. In addition to any other penalty provided by law, a person that the director finds has submitted a materially false or misleading compliance certificate may be subject to either a civil penalty of not more than $10,000 for each violation or a civil penalty of not more than $25,000 for each violation if the director finds that the person knowingly violated the provisions of this title. A filing that does not include the signed compliance certificate shall be reviewed under the prior approval procedure under AS 21.42.123. In this subsection, “knowingly” has the meaning given in AS 11.81.900. (d) The director may require an insurer or rating organization to provide additional information to demonstrate that a file and use filing meets the requirements of this title or to revise the filing to meet the requirements of this title. If an insurer or rating organization fails to provide the information within the waiting period described in (a) of this section, the director shall consider the failure to be a request to withdraw the filing from further consideration. (e) A file and use filing shall be open to public inspection after the filing becomes effective.
AK Stat § 21.42.130 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.130. Grounds for disapproval.

The director shall disapprove a form filed under AS 21.42.120 or withdraw a previous approval of the form 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 incorporation is permissible, an inconsistent, ambiguous, or misleading clause, or exception and condition that deceptively affects the risk purported to be assumed in the general coverage of the contract; (3) has a title, heading, or other indication of its provisions that is misleading; (4) is printed or otherwise reproduced in a manner that renders a provision of the form substantially illegible; (5) provides benefits for Medicare supplement insurance that are unreasonable in relation to the premium charged.
AK Stat § 21.42.140 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.140. Standard provisions.

(a) Insurance contracts must contain the standard or uniform provisions that are required by the applicable provisions of this title pertaining to contracts of particular kinds of insurance. The director may waive the required use of a particular provision in a particular insurance policy form on a determination that (1) the provision is unnecessary for the protection of the insured and inconsistent with the purposes of the policy; and (2) the policy is otherwise approved. (b) A policy may not contain a provision inconsistent with a standard or uniform provision used or required to be used, but the director may approve a substitute provision that the director determines is 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 director. (d) A provision required by this title to be contained in a policy cannot be waived by agreement between the insurer and another person.
AK Stat § 21.42.145 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.145. Stop-loss insurance provisions.

(a) An insurance company licensed under AS 21.09, a hospital or medical service corporation licensed under AS 21.87, a fraternal benefit society licensed under AS 21.84, a health maintenance organization licensed under AS 21.86, or a multiple employer welfare arrangement may not issue a stop-loss insurance policy that (1) has an annual attachment point for claims incurred for each individual that is lower than $10,000; (2) has an annual aggregate attachment point for a small employer that is lower than the greatest of (A) $4,000 times the number of individuals covered under the health benefit plan; (B) 120 percent of the expected claims for the health benefit plan for the period covered by the stop-loss insurance policy; or (C) $20,000; (3) has an annual aggregate attachment point for a large employer that is lower than 110 percent of expected claims for the health benefit plan for the period covered by the stop-loss insurance policy; or (4) provides direct coverage of health care expenses of an individual. (b) The director may, by regulation, change the dollar amounts established under (a) of this section to reflect medical costs in this state, including adjustments to reflect changes in the medical care component of the Consumer Price Index for all urban consumers for the Anchorage Metropolitan Area compiled by the Bureau of Labor Statistics, United States Department of Labor. (c) For the purposes of this section, (1) “attachment point” means the claim amount incurred by an insured group beyond which the insurer incurs a liability for payment; (2) “expected claims” means the amount of claims that, in absence of a stop-loss insurance policy or other insurance, are projected to be incurred by an insured group through its health benefit plan; (3) “health benefit plan” has the meaning given in AS 21.54.500; (4) “large employer” has the meaning given in AS 21.54.500; (5) “small employer” has the meaning given in AS 21.54.500.
AK Stat § 21.42.150 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.150. Policy must contain entire contract.

The policy, when issued, shall contain the entire contract between the parties, and neither the insurer nor its agent or representative, nor a person insured by the policy, may make an agreement as to the insurance that is not expressed in the policy. This section does not prohibit the modification of a policy, after issuance, by written rider or endorsement issued by the insurer.
AK Stat § 21.42.160 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.160. Contents of policies in general.

(a) Each policy must specify (1) the names of the parties of 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; (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) Subsections (a) and (b) of this section do not apply to surety contracts, or to group insurance policies. (d) Each policy and annuity contract issued by an insurer, and the forms thereof filed with the director, must have printed on them an appropriate designating letter or figure, or combination of letters or figures, or terms identifying the respective forms of policies or contracts. When a change is made in the form, the designating letters, figures, or terms must be correspondingly changed.
AK Stat § 21.42.170 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.170. Additional policy contents.

A policy may contain additional provisions not inconsistent with this title that 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 in it.
AK Stat § 21.42.175 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.175. Non-English translations.

(a) The director may approve an insurance policy form in a language other than English if the insurance policy form (1) is filed with a copy of the same material in English; and (2) discloses, in both English and the language other than English, that the English language version is the official version and the non-English language version is for informational purposes only. (b) The English language version of the insurance policy form or associated material shall be the official version for purposes of application and interpretation if the non-English insurance policy form or associated material (1) is provided with a copy of the same material in English; and (2) discloses, in both English and the language other than English, that the English language version is the official version and the non-English language version is for informational purposes only. (c) An insurer may not misrepresent information in an insurance policy form or associated material translated into a language other than English. For purposes of this subsection, “misrepresent information” means to include a statement or omit a statement when, taken in the context of the whole presentation, the statement or omission may tend to mislead or deceive the person or persons addressed. (d) For purposes of this section, “associated material” means advertising and marketing information including brochures, pamphlets, or electronic media used to describe or promote the insurance policy form.
AK Stat § 21.42.180 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.180. Charter, bylaw provisions.

A policy may not contain a provision purporting to make a portion of the charter, bylaws, or other constituent document of the insurer, other than the subscribers' agreement or power of attorney of a reciprocal insurer, a part of the contract unless the portion is set forth in full in the policy. A policy provision in violation of this section is invalid.
AK Stat § 21.42.190 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.190. Execution of policies.

(a) Each 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 the executing individual may be used in lieu of an original signature. (c) An insurance contract that is otherwise valid is not rendered invalid by reason of the apparent execution on behalf of the insurer by the imprinted facsimile signature of an individual who is not authorized to execute as of the date of the policy.
AK Stat § 21.42.200 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.200. Underwriters' 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 the policy must plainly show the true name of the insurer. (b) Two or more insurers may, with the approval of the director, 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 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 notice or proof of loss required by the policy, upon any of the insurers executing the policy, constitutes service upon all the insurers. (c) This section does not apply to cosurety obligations.
AK Stat § 21.42.205 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.205. Coordination of benefits.

(a) Unless prohibited by federal law, an insurer authorized under AS 21.09 to offer, issue for delivery, deliver, or renew an individual or group health insurance policy for major medical coverage on an expense incurred basis; a health maintenance organization authorized under AS 21.86 to offer a contract to provide major medical health care services on a prepaid basis; or a service corporation authorized under AS 21.87 to offer or renew an individual or group subscriber's contract for major medical coverage shall include a coordination of benefits provision in a major medical policy or contract. (b) The director may adopt regulations to implement this section.
AK Stat § 21.42.210 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.210. Interest in reinsurance.

The original insured has no interest in a contract of reinsurance.
AK Stat § 21.42.220 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.220. Validity of noncomplying forms.

An insurance policy, rider, or endorsement issued and otherwise valid that contains a condition or provision not in compliance with the requirements of this title, is not thereby rendered invalid but shall be construed and applied in accordance with the conditions and provisions as would have applied had the policy, rider, or endorsement been in full compliance with this title.
AK Stat § 21.42.230 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.230. Construction of policies.

Each insurance contract shall be construed according to the entirety of its terms and conditions as set out in the policy and as amplified, extended, or modified by a rider, endorsement, or application that is a part of the policy.
AK Stat § 21.42.240 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 42. The Insurance Contract|Article 1. The Insurance Contract.|Sec. 21.42.240. Binders.

(a) A binder or other contract for temporary insurance may be made orally or in writing and shall be considered to include all the usual terms of the policy as to which the binder was given together with the applicable endorsements designated in the binder, except as superseded by the clear and express terms of the binder. (b) A binder is not valid after the issuance of the policy with respect to which it was given, or after 90 days from its effective date, whichever period is the shortest. (c) If the policy has not been issued a binder may be extended or renewed after the 90 days with the written approval of the insurer. (d) This section does not apply to life or health insurances.