Wis. Admin. Code Office of the Commissioner of Insurance Ins 8.48

Current through May 28, 2024
Section Ins 8.48 - Solicitation; disclosure requirements
(1) AGENTS. Before completing an application for a policy, an agent shall provide the small employer or representative of the small employer or the individual applicant with a form stating the information required under s. 635.11(1m), Stats. The agent shall sign and date the form certifying that he or she made the required disclosure and shall obtain the signature of the small employer or representative of the small employer or the individual applicant on the form. The agent shall give one copy of the completed form to the person who signed it. The agent or small employer insurer shall retain one copy of the completed form.
(2) SMALL EMPLOYER INSURERS. A small employer insurer that does not use agents to solicit or sell policies shall, with any solicitation material, provide the small employer or individual applicant with a form stating the information required under s. 635.11(1m), Stats. The small employer insurer shall secure with or as part of each application a form signed by the small employer, a representative of the small employer or individual applicant stating that he or she has received the information. The small employer insurer shall provide a copy to the person who signed the form no later than the date the policy is issued.

Wis. Admin. Code Office of the Commissioner of Insurance Ins 8.48

Cr. Register, October, 1992, No. 442, eff. 11-1-92; corrections made under s. 13.93(2m) (b) 7, Stats., Register October 2002 No. 562.