3 Alaska Admin. Code § 29.345

Current through December 21, 2024
Section 3 AAC 29.345 - Disclosure required

Before each sale, an insurer or producer selling insurance through a group-marketed plan shall disclose to a prospective insured all features of the plan, whether favorable or unfavorable, including premium rates, benefits, duration of coverage, policyholder services, conversion privileges available, and the financial interest in the plan of the sponsoring employer, association, organization, or group.

3 AAC 29.345

Eff. 1/4/95, Register 133

Authority:AS 21.06.090

AS 21.36.030