Pennsylvania Code
Title 31 - INSURANCE
Part IV - Life Insurance
Chapter 88 - INDIVIDUAL ACCIDENT AND SICKNESS INSURANCE MINIMUM STANDARDS
REQUIREMENTS FOR REPLACEMENT
Section 88.102 - Delivery to applicant

Universal Citation: 31 PA Code ยง 88.102
Current through Register Vol. 54, No. 44, November 2, 2024

Upon determining that a sale will involve replacement, an insurer, other than a direct response insurer or its agent, shall furnish the applicant at the time of completing the application, the notice described in § 88.103 (relating to notice form). One copy of such notice shall be furnished to the applicant and an additional copy signed by the applicant shall be retained by the insurer. A direct response insurer shall deliver to the applicant upon issuance of the policy the notice described in § 88.104 (relating to notice form for direct response insurer). In no event, however, will §§ 88.101-88.104 (relating to requirements for replacement) apply to the solicitation of single premium nonrenewable policies and accident only policies.

This section cited in 31 Pa. Code § 88.103 (relating to notice form); and 31 Pa. Code § 88.104 (relating to notice form for direct response insurer).

Disclaimer: These regulations may not be the most recent version. Pennsylvania may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.