yourstate.us

General Statutes of Connecticut Chapter 703 — Mass Marketing of Personal Lines of Property and Casualty Insurance

Connecticut · statute · Conn. Gen. Stat. ch. 703 · 9 active provisions

9 active provisions.

Conn. Gen. Stat. § 38a-802

(Formerly Sec. 38-185m). Mass marketing of personal lines of property and casualty insurance: Definitions

The following terms as used in sections 38a-802 to 38a-810, inclusive, unless the context otherwise requires or a different meaning is specifically prescribed, shall have the following meanings: (1) “Eligible members” means all natural persons who are (A) employees of particular employers or persons who, immediately pr…

ConnecticutMass Marketing of Personal Lines of Property and Casualty Insuranceeffective
Conn. Gen. Stat. § 38a-803

(Formerly Sec. 38-185n). Issuance of insurance policy pursuant to mass marketing plan; conditions

An insurance policy may be issued in this state to eligible members pursuant to a mass marketing plan provided the following conditions are complied with: (1) Mandatory participation in the plan shall not be required as a condition of employment or as a condition of membership in an association, organization or other g…

ConnecticutMass Marketing of Personal Lines of Property and Casualty Insuranceeffective
Conn. Gen. Stat. § 38a-804

(Formerly Sec. 38-185o). Maintenance of policy on termination of employment, membership or plan. Continuation during temporary interruption

(a) Upon termination of his employment, other than by retirement, or his membership or upon the termination of the mass marketing plan, the insured member may maintain his policy in full force and effect for one year from the date of such termination with the same coverage, provided he shall notify the insurer of his i…

ConnecticutMass Marketing of Personal Lines of Property and Casualty Insuranceeffective
Conn. Gen. Stat. § 38a-806

(Formerly Sec. 38-185q). Underwriting standards. Conditions on sale. Guaranteed issue required for limited time

(a) No insurer shall use underwriting standards for individual risk selection in a mass marketing plan which are significantly more restrictive than the standards used by such insurer for individual risk selection in the sale of the same kind of insurance in this state other than pursuant to mass marketing plans. In th…

ConnecticutMass Marketing of Personal Lines of Property and Casualty Insuranceeffective
Conn. Gen. Stat. § 38a-807

(Formerly Sec. 38-185r). Disclosure of conditions and terms of policy. Disclosure of sponsor's financial interest in plan

An insurer or producer issuing a policy under a mass marketing plan shall, prior to the issuance of such policy, make a full and fair disclosure to the prospective insured of all the conditions and other terms of the policy to be issued, including, but not limited to, such items as rates, type and extent of coverage, b…

ConnecticutMass Marketing of Personal Lines of Property and Casualty Insuranceeffective