31 C.F.R. § 50.10

Current through November 30, 2024
Section 50.10 - General disclosure requirements
(a)Content of disclosure. As a condition for Federal payments under section 103(b) of the Act, the Act requires that an insurer provide clear and conspicuous disclosure to the policyholder of:
(1) The premium charged for insured losses covered by the Program; and
(2) The Federal share of compensation for insured losses under the Program.
(b)Form and timing of disclosure. The disclosure required by the Act must be made on a separate line item in the policy, at the time of offer and of renewal of the policy.

31 C.F.R. §50.10

81 FR 93765 , 1/17/2017