Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
031 - BUREAU OF INSURANCE
Chapter 580 - THIRD-PARTY NOTICE OF CANCELLATION
Section 031-580-8 - Transition

A. Within 60 days after the effective date of any amendment to this Rule, every insurer shall file with the Superintendent any new forms or contract provisions, and all revisions to existing forms or contracts, which it will be using as a result of the amendment.

B. If the forms will be part of an application or contract, the requirements of 24-A M.R.S.A. §2412 and any other applicable form filing requirements must be satisfied.

C. Every insurer required to file forms with the Superintendent pursuant to Subsection A of this Section shall send all applicable forms and amended contract provisions to existing individual and group contract holders within 60 days after the first billing date after the form or contract provision has been approved by the Superintendent. Sufficient copies of the form or contract provision to permit distribution to covered insureds shall be provided to group contract holders when the contract holder retains information concerning insureds. At the request of the insurer, the Superintendent may waive the 60-day deadline for notice to existing insureds upon a determination that the revised forms are determined to be substantially similar to the forms previously provided to those insureds.