The Uniform Provisions Law requires all of the following as mandatory EXCEPT:

The Uniform Provisions Law sets out essential standards that insurance contracts must adhere to in order to ensure fairness and transparency in the insurance process. Among the provisions that are typically mandated are the grace period, physical examination and autopsy, and the entire contract clause.

A grace period is essential because it allows policyholders to make premium payments without losing coverage, fostering customer trust and reliability. The requirement for a physical examination and autopsy, when relevant, ensures that claims are substantiated through accurate medical assessments, providing an objective basis for underwriting and claims decisions. The entire contract clause guarantees that the insurance policy constitutes the whole agreement between the insurer and insured, preventing any conflicting external agreements from affecting its terms.

On the other hand, while a waiver of premium can be a valuable provision in cases of disability or certain situations, it is not mandated universally by the Uniform Provisions Law. Insurers may choose to offer this feature, but it is not a requirement for all health insurance policies. This flexibility allows insurers to determine how they design their products, which can lead to variations in coverage across different policies. This distinction highlights that not every aspect of an insurance policy has to be included by law.