Any policy of insurance issued by any association operating under the provisions of this chapter may be canceled by service of notice in writing upon the insured which notice shall fix the date of such cancellation which shall be not less than five days after service of such notice. Such service of notice may be made in person, or by mailing such notice to the insured at the insured's post office address as given in or upon the policy, or to such other address notice of which the insured shall have given to the company in writing. A post office department receipt of certified or registered mailing shall be deemed proof of receipt of such notice.
The provisions of this section shall be applicable to the cancellation of reciprocal or interinsurance contracts and policies issued pursuant to chapter 520.
[S13, § 1759-m; C24, 27, 31, 35, 39, § 9054; C46, 50, 54, 58, 62, § 518.29; C66, 71, 73, 75, 77, 79, 81, § 518A.29]
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Last update: Thu Mar 18 15:00:31 CST 1999
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