Deemer Provision definition
Deemer Provision means that element of the Plan under which eligible risks on original applications for approved lines and coverages written by the Association are automatically deemed insured after 20 calendar days from the date the application for insurance placement is received by the Association, for a period of 30 days, if, through no fault of the applicant, coverage has not been provided or declined, and the applicant pays the required initial minimum premium payment at the time of submission of the application.
Deemer Provision means a pro vision in a Plan whereby interim cover age for an eligible risk is deemed automatically to attach upon the ex piration of a specified period of time after an application for inspection and insurance;