If a policy is cancelled for non-payment of a premium, how many days in advance must the insured be notified?

When it comes to cancelling a policy due to non-payment of premium in Minnesota, the law stipulates that the insured must be notified at least 20 days in advance of the cancellation. This provision is designed to ensure that the policyholder has sufficient time to address the payment issue and maintain continuous coverage.

The requirement for a 20-day notice gives the insured the opportunity to rectify the situation before the cancellation becomes effective. This aspect of workers' compensation insurance policy management underscores the importance of communication and fair practices in the insurance industry. It protects policyholders from sudden cancellation that could leave them unprotected, thereby giving adequate time to either make payment or seek alternative insurance.