N.Y. Insurance Law § 3112: Automatic bank withdrawal agreements; notification required

§ 3112. Automatic bank withdrawal agreements; notification required.

Any insurer licensed to issue insurance in the state who has an

automatic bank withdrawal agreement with an insured for the payment of

insurance premiums for any type of insurance shall give the insured at

least fifteen days advance written notice of any increase in policy

premiums prior to any automatic bank withdrawal of an increased premium.