New Hampshire Code of Administrative Rules
Ins - Commissioner, Insurance Department
Chapter Ins 1900 - ACCIDENT AND HEALTH INSURANCE
Part Ins 1901 - MINIMUM STANDARDS FOR ACCIDENT AND HEALTH INSURANCE
Section Ins 1901.08 - Requirements for Replacement of Individual Accident and Health Insurance
Current through Register No. 12, March 21, 2024
(a) An application form shall include a question designed to elicit information as to whether the insurance to be issued is intended to replace any other accident and health insurance presently in force. A supplementary application or other form to be signed by the applicant containing the question may be used.
(b) Upon determining that a sale will involve replacement, an insurer, other than a direct response insurer, or its agent shall furnish the applicant, prior to issuance or delivery of the policy, the notice described in (c) below. The insurer shall retain a copy of the notice. A direct response insurer shall deliver to the applicant upon issuance of the policy, the notice described in (d) below. In no event, however, will the notices be required in the solicitation of the following types of policies: accident-only and single-premium nonrenewable policies.
(c) The notice required by (b) above for an insurer, other than a direct response insurer, shall provide, in substantially the following form:
NOTICE TO APPLICANT REGARDING REPLACEMENT
OF ACCIDENT AND HEALTH INSURANCE
According to [your application] [information you have furnished], you intend to lapse or otherwise terminate existing accident and health insurance and replace it with a policy to be issued by [insert company name] Insurance Company. For your own information and protection you should be aware of and seriously consider certain factors that may affect the insurance protection available to you under the new policy.
The above "Notice to Applicant" was delivered to me on:
____________________________________
(Date)
____________________________________
(Applicant's Signature)
(d) The notice required by subparagraph (b) for a direct response insurer shall be as follows:
NOTICE TO APPLICANT REGARDING REPLACEMENT
OF ACCIDENT AND HEALTH INSURANCE
According to [your application] [information you have furnished], you intend to lapse or otherwise terminate existing accident and health insurance and replace it with a policy to be issued by [insert company name] Insurance Company. Your new policy provides 30 days within which you may decide without cost whether you desire to keep the policy. For your own information and protection you should be aware of and seriously consider certain factors that m
#1900, eff 1-1-82; ss by #4287, eff 7-1-87; ss by #5656, eff 7-1-93; ss by #7017, INTERIM, eff 7-1-99, EXPIRED: 10-29-99
New. #8609, eff 4-17-06