Section 2168-A - Tie-in sales of insurance1.Definition. As used in this section, "tie-in sales" means the practice of tying the sale of one product to another. [1991, c. 49 (NEW).]
2.Prohibited tie-in sales. In the purchase of insurance, tie-in sales are an unfair trade practice when: A. The consumer is required to place additional coverage with an insurer not of the consumer's choice in order to obtain a desired coverage; and [1991, c. 49 (NEW).]B. The consumer's alternative opportunities to purchase the desired coverage are severely limited or nonexistent. [1991, c. 49 (NEW).] [1991, c. 49 (NEW).]
3.Penalties. An insurance contract sold in violation of the provisions of this section is voidable at the option of the consumer. Violations of this section are enforceable through section 12-A. [1991, c. 49 (NEW).]