Maine § 24-A §1476 Activities of insurance adjusters

Maine Statutes

§ 24-A §1476 — Activities of insurance adjusters

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 16 PRODUCERS, ADJUSTERS AND CONSULTANTS

The following requirements govern the activities of insurance adjusters.

1.Solicitation. An adjuster seeking to provide adjusting services to an insured for a fee to be paid by the insured may not offer an adjustment services contract to any person for at least 36 hours after an accident or occurrence as a result of which the person might have a potential claim.

2.Contract provision. Any such adjustment services contract must contain a provision, prominently printed on the first page of the contract, stating that the person contracting with the adjuster has the option to rescind the contract within 2 business days after the contract is signed.

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The following requirements govern the activities of insurance adjusters.
1.
Solicitation.
An adjuster seeking to provide adjusting services to an insured for a fee to be paid by the insured may not offer an adjustment services contract to any person for at least 36 hours after an accident or occurrence as a result of which the person might have a potential claim.
2.
Contract provision.
Any such adjustment services contract must contain a provision, prominently printed on the first page of the contract, stating that the person contracting with the adjuster has the option to rescind the contract within 2 business days after the contract is signed.

Maine § 24-A §1476 (Activities of insurance adjusters) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.