The Pennsylvania FAIR Plan Act (Act of July 31, 1968, P.L. 738, No. 233), complete act (40 P.S. §§ 1600.101-1600.103 and following)
Edition and licensing notes
Publisher. Pennsylvania General Assembly, Legislative Data Processing Center (legis.state.pa.us / palegis.us)
Edition. Unconsolidated Statutes of Pennsylvania as published by the Legislative Data Processing Center; the page's own revision stamp reads "2011-11-03 11:57:10 AM".
Status. US state statute; public domain.
What this document is
The Pennsylvania FAIR Plan Act (Act of July 31, 1968, P.L. 738, No. 233), complete act (40 P.S. §§ 1600.101-1600.103 and following) is a state statute published by Pennsylvania General Assembly, Legislative Data Processing Center (legis.state.pa.us / palegis.us). It is one of the Pennsylvania documents that insurance license exam questions are written from, including pennsylvania property & casualty, pennsylvania 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.
- The Pennsylvania Fair Plan Act, Section 202(9)
“Written notice will be given to any policyholder at least twenty days prior to the cancellation or nonrenewal of any risk eligible under the Fair Plan (except in the case of nonpayment of premium or evidence of incendiarism), and the insurer shall, in the notice of cancellation or nonrenewal,...”
- The Pennsylvania Fair Plan Act, Section 202(10) (Fair Plan)
“(10) No agent or broker shall be permitted to refuse an application for basic property insurance within an urban area if he is licensed to write and is actively engaged in writing such insurance.”
- The Pennsylvania Fair Plan Act, Section 202(1) (Fair Plan; inspection of property)
“(1) Any person having an insurable interest in real or tangible personal property at a fixed location in an urban area, his representative, an insurance agent or broker, or an insurer, may request the facility for an inspection of the property by representatives of the Inspection Bureau, such...”
- The Pennsylvania Fair Plan Act, Section 204 (Uninsurable Risks)
“Section 204. Uninsurable Risks.--If the facility finds that the property is not insurable, it shall promptly supply to the applicant a written statement setting forth the features or conditions of the property which prevent it from constituting an insurable risk and the measures, if any, which if...”
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