North Dakota Statutes

§ 26.1-27-07 — Notification required

North Dakota·Title 26.1 Insurance·Ch. 26.1-27 Administrators of Life or Health Insurance or Annuities
When the services of an administrator are used, the administrator shall provide a written notice approved by the insurer, to insureds, advising them of the identity of and relationship among the administrator, the policyholder, and the insurer. When an administrator collects funds, it shall identify and state separately in writing to the person paying to the administrator any charge or premium for insurance coverage the amount of any such charge or premium specified by the insurer for the insurance coverage.

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