Which of the following statements regarding cancellation of a policy is NOT correct?

For workers' compensation, insurance cancellation cannot take place until 30 days after notice has been sent by first class mail to the insured.

Cancellation can take place until 5 days after a notice has been sent by first class mail or hand delivered to the insured.

Cancellation can take place until 10 days after a notice has been sent by first class mail or hand delivered to the insured.

Insurance companies cannot cancel a policy that has been in force for more than 60 days, except when the insured fails to pay the premium, commits fraud, or made serious material misrepresentations on the application.

Answer: b

State Property and Casualty

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