An insurance company is marketing a health insurance policy in Arizona which contains a provision that is in conflict with Arizona insurance law. What remedy must be taken by the insurer

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29-07-2022
Business

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An insurance company is marketing a health insurance policy in Arizona which contains a provision that is in conflict with Arizona insurance law. What remedy must be taken by the insurer

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Tundexi Tundexi · Answer 1 · 2022-08-05T17:44:55+02:00

The remedy that must be taken by the insurer should be that the provision must be amended to conform to the minimum statutory requirements.

What is a remedy?

This refers to the form of court enforcement of a legal right resulting from a successful civil lawsuit.

The measures is seeked to put the nonbreaching party in the position he or she would have been in had there been no breach.

Because the health insurance policy in Arizona which contains a provision that is in conflict with Arizona insurance law, the remedy that must be taken by the insurer should be that the provision must be amended to conform to the minimum statutory requirements.