Connecticut General Statutes 38a-715 – Payment by insured to producer as payment to company
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Any payment made by or on behalf of an insured to any producer for policies of insurance which have been issued to such producer for delivery to the insured or issued directly to the insured on the order of such producer shall, in controversies between the insured and the company, be deemed to have been paid to the company.
Terms Used In Connecticut General Statutes 38a-715
- Insurance: means any of the lines of authority contained in this title. See Connecticut General Statutes 38a-702a
- Insured: means a person to whom or for whose benefit an insurer makes a promise in an insurance policy. See Connecticut General Statutes 38a-1
- producer: means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance. See Connecticut General Statutes 38a-702a