West Virginia Code > Chapter 33 > Article 20D – Tail Insurance


33-20D-1	Scope of article
33-20D-2	Definitions
33-20D-3	Tail insurance to be offered upon cancellation; availability of amortization; minimum premium rates; penalties for noncompliance
33-20D-4	Insurance commissioner to promulgate rules; establish amortization rates

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Amortization: Paying off a loan by regular installments.
Claims made malpractice insurance policy: means a policy which covers claims which are reported during the policy period, meet the provisions specified by the policy, and are for an incident which occurred during the policy period, or occurred prior to the policy period, as is specified by the policy. See West Virginia Code 33-20D-2
in writing: includes any representation of words, letters, or figures, whether by printing, engraving, writing, or otherwise. See West Virginia Code 2-2-10
State: when applied to a part of the United States and not restricted by the context, includes the District of Columbia and the several territories, and the words "United States" also include the said district and territories. See West Virginia Code 2-2-10
Tail insurance: means insurance which covers a professional insured once a claims made malpractice insurance policy is cancelled, not renewed or terminated and covers claims made after such cancellation or termination for acts occurring during the period the prior malpractice insurance was in effect. See West Virginia Code 33-20D-2