(a) All policies. As a condition
for federal payments under section 103(b) of the
Act, the Act requires that an insurer provide
clear and conspicuous disclosure to the
(1) The premium charged for insured losses
covered by the Program; and
(2) The federal share of compensation for
insured losses under the Program.
(b) Policies in force on the date of
enactment. For policies issued before November
26, 2002, the disclosure required by the Act must
be provided within 90 days of November 26, 2002
(no later than February 24, 2003).
(c) Policies issued within 90 days of
the date of enactment. For policies issued
within the 90-day period beginning on November 26,
2002 through February 24, 2003, the disclosure
required by the Act must be provided at the time
of offer, purchase, and renewal of the policy.
(d) Policies issued more than 90 days
after the date of enactment. For policies
issued on or after February 25, 2003, the
disclosure required by the Act must be made on a
separate line item in the policy, at the time of
offer, purchase, and renewal of the policy. For
policies issued in late 2005 with coverage
extending into 2006, see § 50.12(e)(2).
[68 FR 19306, Apr. 18, 2003, as amended at
71 FR 27570, May 11, 2006]
Title 31 published on 2012-07-01
no entries appear in the Federal Register after this date.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.