Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 31.00 - Life Insurance Solicitation
Section 31.02 - Purpose
Universal Citation: 211 MA Code of Regs 211.31
Current through Register 1531, September 27, 2024
(1) The purpose of 211 CMR 31.00 is to require insurers to deliver to purchasers of life insurance information which will improve the buyer's ability to select the most appropriate plan of life insurance for the buyer's needs, improve the buyer's understanding of the basic features of the policy which has been purchased or which is under consideration and improve the ability of the buyer to evaluate the relative costs of similar plans of life insurance.
(2)211 CMR 31.00 does not prohibit the use of additional material which is not in violation of 211 CMR 31.00 or any other state statute or regulation.
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