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Code · Wisconsin · Chapter 631 — Insurance contracts generally

631.05 Oral contracts of insurance and binders.

54 words·~1 min read·/wi/chapter-631/631-05

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631.05 Oral contracts of insurance and binders. No provision of chs. 600 to 646 and 655 may be interpreted to forbid an oral contract of insurance or issuance of a written binder. The insurer shall issue a policy as soon as reasonably possible after issuance of any binder or negotiation of an oral contract.
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