South Carolina Code of Regulations
Chapter 69 - DEPARTMENT OF INSURANCE
Section 69-34.1 - Accident and Health Insurance Solicitation
Current through Register Vol. 48, 12, December 27, 2024
A. Table of Contents: |
B ....... |
Purpose |
C ....... |
Applicability and Scope |
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D ....... |
Definitions |
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E ....... |
Unfair and Deceptive Acts |
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F ....... |
Duplication of Insurance |
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G ....... |
Record Maintenance, Licensee Accountability and General Requirements |
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H ....... |
Severability |
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I ....... |
Effective Date |
B. Purpose: The purpose of this regulation is to eliminate unfair and deceptive practices in the promotion, solicitation and sale of individual accident and health insurance policies to persons who are qualified for Medicare by reason of age and to persons who have a current Medicaid eligibility card.
C. Applicability and Scope: This Regulation shall apply only to promotions, solicitations, offers or sales of individual accident and health insurance policies to persons who are qualified for Medicare by reason of age or to persons who have a current Medicaid eligibility card. This Regulation shall not apply to conversion policies issued pursuant to a contractual conversion privilege, or to credit health insurance. This Regulation shall be in addition to any other applicable regulations previously adopted.
D. Definitions: As used in this Regulation, the following terms shall have the meanings indicated:
E. Unfair and Deceptive Acts:
F. Duplication of Insurance:
I understand that the insurance I am applying for will duplicate coverage I already have. Even so, I still believe I need this new insurance
____________________________________ ____________________________________
(Witness) (Signature of Applicant)
____________________________________
(Date)
"This policy duplicates coverage you already have."
G. Record Maintenance, Licensee Accountability, and General Requirements:
H. Severability: Each provision of this Regulation is deemed to be severable and the determination that any provision is invalid for any reason shall not invalidate the remaining provisions of the Regulation.
I. Effective Date: This Regulation shall become effective six months after adoption by the General Assembly and final publication in the State Register.