02-031 C.M.R. ch. 240, § 7 - Failure to comply

Current through 2022-14, April 6, 2022

Failure of an insurer to provide or deliver a Buyer's Guide, a Preliminary Statement of Policy Cost, or a Policy Summary as provided in Section 5 shall constitute an omission which misrepresents the benefits, advantages, conditions or terms of an insurance policy in violation of Title 24-A M.R.S.A. §2153. In situations where disclosure occurs, negligent or intentional failure to provide complete and accurate disclosure shall be deemed a violation of Title 24-A M.R.S.A. §2153.


02-031 C.M.R. ch. 240, § 7

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