§ 3404. Fire insurance contracts; standard policy provisions;\npermissible variations. (a) The printed form of a policy of fire\ninsurance, as set forth in subsection (e) hereof, shall be known and\ndesignated as the "standard fire insurance policy of the state of New\nYork."\n (b) (1) No policy or contract of fire insurance shall be made, issued\nor delivered by any insurer or by any agent or representative thereof,\non any property in this state, unless it shall conform as to all\nprovisions, stipulations, agreements and conditions with such form of\npolicy, except policies subject to the provisions of section three\nthousand one hundred two of this chapter which shall be required to\ncomply with the provisions of paragraph one of subsection (f) of this\nsection.\n (2) There shall be printed or typewritten at the head of such policy\nthe name and home office address of the insurer or insurers issuing the\npolicy and a statement whether such insurer or insurers are stock or\nmutual corporations or are reciprocal insurers or Lloyds underwriters.\nIn lieu of such statement a corporation organized under a special act of\nthe legislature of any state may so indicate upon its policy. The head\nof the policy may also have such devices as the insurer or insurers\nissuing it desire.\n (3) The standard fire insurance policy need not be used for effecting\nreinsurance between insurers.\n (4) If the policy is issued by a mutual, cooperative or reciprocal\ninsurer having special regulations with respect to the payment by the\npolicyholder of assessments, such regulations shall be printed upon the\npolicy, and any such insurer may print upon the policy such regulations\nas may be appropriate to or required by its form of organization.\n (c) Two or more insurers authorized to do the business of fire\ninsurance in this state may, with the approval of the superintendent,\nissue a combination standard form of fire insurance policy which shall\ncontain the following provisions:\n (1) A provision substantially to the effect that the insurers\nexecuting such policy shall be severally liable for the full amount of\nany loss or damage, according to the terms of the policy, or for\nspecified percentages or amounts thereof, aggregating the full amount of\nsuch insurance under such policy.\n (2) A provision substantially to the effect that service of process,\nor of any notice or proof of loss required by such policy, upon any of\nthe insurers executing such policy, shall be deemed to be service upon\nall such insurers.\n (d) (1) Appropriate forms of a supplemental contract or contracts or\nextended coverage endorsements insuring against one or more of the\nperils which the insurer is empowered to insure, in addition to the\nperils covered by such standard fire insurance policy, may be approved\nby the superintendent, who may authorize their use in connection with a\nstandard fire insurance policy.\n (2) The first page of the policy, in a form approved by the\nsuperintendent, may be rearranged to provide space for the listing of\namounts of insurance, rates and premiums for the basic coverages insured\nunder the standard form of policy and for additional coverages or perils\ninsured under attached endorsements, and such other data as may be\nconveniently included for duplication on daily reports for office\nrecords.\n (e) The form of the standard fire insurance policy of the state of New\nYork (with permission to substitute for the word "company" a more\naccurate descriptive term for the type of insurer) shall be as follows:\n FIRST PAGE OF STANDARD FIRE POLICY\n No. ............\n [Space for insertion of name of company or companies issuing the\n policy and other matter permitted to be stated at the head of the\npolicy.]\n [Space for listing amounts of insurance, rates and premiums for the\n basic coverages insured under the standard form of policy and for\n additional coverages or perils insured under endorsements
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