Plate Cancellations

    Posted by MAIA on Jul 24, 2020 12:00:00 AM

    This question was answered based upon current rules, regulations & statutes in effect on July 2, 2020
    QUESTION

    Chicopee no longer wants to take back plates that we have cancelled.  How are most agencies disposing of them?

    ANSWER

    Kathy Cormier:  I would cut them.

    This document is not a legal opinion and should not be relied upon as such. The intent of this document is to provide a general background regarding the topic or topics discussed, not to provide legal advice. Producers and agencies should consult an attorney regarding specific situations and specific questions with respect to the topic or topics covered in this document. Neither the Massachusetts Association of Insurance Agents, Number One Insurance Agency nor any of its employees shall be responsible for any errors or omissions regarding any statements made in this document, nor any errors or omissions regarding any statutes, regulations, court rules, and/or any other government documents cited in this document.

    Topics: Registry, 2020

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