Massachusetts insurance contract and general provisions applicable to all insurers

What this document is

Massachusetts insurance contract and general provisions applicable to all insurers: M.G.L. c. 175, ss. 2, 2A, 2B, 3, 181-194 is a state statute published by malegislature.gov. It is one of the Massachusetts documents that insurance license exam questions are written from, including massachusetts life & health, massachusetts property & casualty, massachusetts personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• M.G.L. ch. 175 § 2 (Insurance contract; definition)

  “A contract of insurance is an agreement by which one party for a consideration promises to pay money or its equivalent, or to do an act valuable to the insured, upon the destruction, loss or injury of something in which the other party has an interest.”

• M.G.L. ch. 175 § 186A (Delivery of policy; presumptions)

  “The delivery of any policy of life or endowment insurance or annuity contract shall create a presumption that any conditions precedent, other than a condition requiring prepayment of the initial premium, to the attaching of the policy or contract have been performed.”

• M.G.L. ch. 175 § 187H (Owner's right to cancel policy; notice; refund of prepaid premiums)

  “No policy of individual life insurance with a face amount of less than twenty-five thousand dollars shall be delivered or issued for delivery in the commonwealth unless it shall have printed thereon or attached thereto a notice stating in substance that the owner of the policy shall be permitted to...”

• M.G.L. ch. 175 § 186(b) (Misrepresentation or warranty by insured; effect)

  “(b) No oral or written misrepresentation or warranty as to the physical condition or health risks to the physical condition of the insured made in the negotiation of any policy of life or endowment insurance or annuity contract by the insured or on his behalf shall defeat or avoid the policy or...”

• M.G.L. ch. 175 § 193 (Policies issued contrary to this chapter; validity)

  “Any policy of insurance or any annuity or pure endowment contract issued in violation of any provision of this chapter shall be valid and binding upon the company issuing it, and the rights, duties and obligations of the parties thereto shall be determined by this chapter.”

• M.G.L. ch. 175 § 187E (Small claims; payments to heirs of decedents)

  “Section 187E. A company which upon the death of an individual residing in the commonwealth owes his estate an aggregate sum not exceeding ten thousand dollars under any policy or policies of life, endowment, or accident or health insurance, or any annuity or pure endowment contract or contracts,...”

• M.G.L. ch. 175 § 2B(1)(a) (Readability of policy form; filing and minimum readability criteria)

  “Section 2B. 1. No policy form of insurance shall be delivered or issued for delivery to more than fifty policyholders in the commonwealth until a copy of the policy form has been on file for thirty days with the commissioner, unless before the expiration of said thirty days the commissioner shall...”

• M.G.L. ch. 175 § 193P (Fire insurance policies; nonrenewal notice provision; requisites of notice)

  “Except as otherwise specifically provided in this chapter, no policy providing protection against loss by reason of fire to a dwelling or contents thereof shall be issued unless it contains a provision that the insurer will give written notice of its intent not to renew or reissue a policy to the...”

• M.G.L. ch. 175 § 186(a) (Misrepresentation or warranty by insured; effect)

  “Section 186. (a) No oral or written misrepresentation or warranty made in the negotiation of a policy of insurance by the insured or in his behalf shall be deemed material or defeat or avoid the policy or prevent its attaching unless such misrepresentation or warranty is made with actual intent to...”

• M.G.L. ch. 175 § 193F (Policy forms; filing with commissioner; approval)

  “Section 193F. The thirty-day period specified in sections two B, twenty-two A, one hundred and eight, one hundred and thirty-two, one hundred and thirty-two B and one hundred and thirty-four may be extended by the commissioner with respect to any form required to be filed with him by said sections...”

• M.G.L. ch. 175 § 187C, second paragraph (Cancellation of policy; procedure)

  “If a policy is made payable to a mortgagee or any person other than the insured, notice shall be given as above provided to the payee as well as to the insured.”

• M.G.L. ch. 175 § 191A (Property damage to insured's motor vehicle; notice of losses; arbitration clause)

  “If the named insured and the company fail to agree as to the amount of loss, each shall, on the written demand of either, made within sixty days after receipt of proof of loss by the company, select a competent and disinterested appraiser, and the appraisal shall be made at a reasonable time and...”

Practice this material

Questions about this source

More Massachusetts sources

• M.G.L. Chapter 176D - Unfair Methods of Competition and Unfair and Deceptive Acts and Practices in the Business of Insurance (Secs. 1, 2, 3, 3A, 4, 5, 11)State statute
• Massachusetts accident and health / disability policy provisions: M.G.L. c. 175, ss. 108-108N, 110A-110M, 111State statute
• M.G.L. ch. 176D, Unfair Methods of Competition and Unfair and Deceptive Acts and Practices in the Business of Insurance (complete chapter)State statute
• Massachusetts group and blanket health insurance: M.G.L. c. 175, ss. 110, 110D, 110G, 110I, 110J, 110K, 110LState statute
• Massachusetts group life insurance: M.G.L. c. 175, ss. 133-138AState statute
• Massachusetts life insurance and annuity contracts, including standard policy provisions: M.G.L. c. 175, ss. 118-132A1/2, 139-146A, 149, 204State statute
• Massachusetts Life and Health Insurance Guaranty Association Law: M.G.L. c. 175, s. 146BState statute
• Massachusetts Medicare supplement and long-term care insurance minimum standards: M.G.L. c. 175 s. 205; c. 176K ss. 1-9; c. 176U ss. 1-9State statute