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Financial responsibility requirement

KRS 304.13-420
in effect
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304.13-420. Financial responsibility requirement No insurer shall be required to offer a deductible to an employer policyholder, as provided in KRS 304.13-400, if the insurer determines, subject to review by the commissioner, that the prospective employer policyholder is not financially able to comply with the terms and conditions of a deductible workers' compensation policy. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1149, effective July 15, 2010. -- Created 1992 Ky. Acts ch. 446, sec. 3, effective July 14, 1992.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=17118Fetched: 10/20/2026

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