---
kind: "section"
citation: "20 C.F.R. § 726.206"
title: "20"
number: "726.206"
heading: "Terms of policies."
url: "https://uscodex.org/cfr/20/726.206"
---

# §726.206. Terms of policies.


A policy or contract of insurance shall be issued for the term of 1 year from the date that it becomes effective, but if such insurance be not needed except for a particular contract or operation, the term of the policy may be limited to the period of such contract or operation.


## Notes

### Authority

Authority: 5 U.S.C. 301; 30 U.S.C. 901 et seq., 902(f), 925, 932, 933, 934, 936; 33 U.S.C. 901 et seq.; 28 U.S.C. 2461 note (Federal Civil Penalties Inflation Adjustment Act of 1990 (as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015)); Pub. L. 114-74 at sec. 701; Reorganization Plan No. 6 of 1950, 15 FR 3174; Secretary's Order 10-2009, 74 FR 58834.

### Source

Source: 65 FR 80097, Dec. 20, 2000, unless otherwise noted.