3101 - Simplified comprehensive policies of insurance.

§  3101.  Simplified  comprehensive  policies of insurance. Simplified  policies of  insurance  providing  broad  coverage  of  all  or  various  combinations  of  risks may be approved by the superintendent and issued  by  insurers  notwithstanding  any  provision  of  this   chapter,   and  notwithstanding  those  provisions  of  any  other law which specify the  content of insurance policies, provided  that  such  policies  shall  be  subject  to regulations promulgated by the superintendent specifying the  standards which must be met by insurers for issuing  such  policies  and  assuring  to  policyholders and claimants protections not less favorable  than they would be entitled to  under  a  substantially  similar  policy  which is not subject to this section.