Montana § 33-22-123 - Return Of Unearned Premium
Full text of Montana Montana Code Annotated § 33-22-123 — Return Of Unearned Premium, with citation guidance and answers to common questions.
§ 33-22-123. Return Of Unearned Premium
Return of unearned premium. If an insured pays a premium in advance for coverage to any disability insurer licensed in this state and the insured subsequently cancels the coverage, the disability insurer shall refund the unearned portion of the premium. The disability insurer may consider the premium to be earned only on a calendar-month basis. The disability insurer may not charge the insured any fees or penalty for canceling the coverage. This section does not apply to a short-term disability policy that has a duration of 6 months or less.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-22-123
What does Montana Code Annotated § 33-22-123 cover?
Section 33-22-123 ("Return Of Unearned Premium") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 33-22-123?
A common citation format is "Montana Code Annotated § 33-22-123" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 33-22-123 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.