Section 3.29.345. Disclosure required.

Latest version.

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.

Authorities

21.06.090;21.36.030

Notes

Authority
 AS 21.06.090  
AS 21.36.030  
History Eff. 1/4/95, Register 133

                    
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