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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.29. Property, Casualty, and Related Insurance. |
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Article 3.29.2. Rate and Rating Plan Filings. |
Section 3.29.340. Tie-in sales prohibited.
Latest version.
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An insurer may not sell insurance through a group-marketed plan in this state if (1) the purchase of insurance available under the plan is contingent upon the purchase of any other insurance, product, or service; or (2) the purchase or price of any other insurance, product, or service is contingent upon the purchase of insurance available under the group-marketed plan. A reasonable requirement of safety devices, such as heat detectors, lightning rods, or theft prevention equipment, is permitted in the sale of insurance through a group-marketed plan.
Authorities
21.06.090;21.36.080