§ 24-A §2206 — Notice of insurance information practices

The following requirements apply to notices provided by regulated insurance entities.
1.
Written notice.
A regulated insurance entity shall provide a written notice of information practices to the applicant, policyholder or claimant in connection with all consumer insurance transactions in accordance with the following.
2.
Required provisions.
The notice must state:
3.
Abbreviated notice.
In lieu of the notice prescribed in subsection 2, the regulated insurance entity may provide an abbreviated notice informing the applicant or policyholder that:
4.
Satisfaction by other carrier, producer or administrator.
The notice requirements imposed by this section upon a regulated insurance entity may be satisfied by a carrier, producer or administrator authorized to act on the entity's behalf.
5.
Standard notice forms.
All carriers shall develop and use standard notice forms, but are not required to use the same form as other carriers.

Legislative History

PL 1997, c. 677, §3 (NEW). PL 1997, c. 677, §5 (AFF). PL 2017, c. 36, §1 (AMD).