Rhode Island Code of Regulations
Title 230 - Department of Business Regulation
Chapter 20 - Insurance
Subchapter 25 - LIFE AND ANNUITIES
Part 3 - Life Insurance Disclosure (formerly Insurance Regulation 27) (230-RICR-20-25-3)
Section 230-RICR-20-25-3.2 - Purpose
Universal Citation: 230 RI Code of Rules 20 25 3.2
Current through September 18, 2024
A. The purpose of this Part 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 his needs and improve the buyer's understanding of the basic features of the policy which has been purchased or which is under consideration.
B. This Part does not prohibit the use of additional material which is not in violation of this Part or any other Rhode Island statute or regulation.
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