02-031 C.M.R. ch. 270, § 16 - Appropriateness of recommended purchase and excessive insurance
(A) In recommending the purchase or
replacement of any Medicare supplement policy or certificate an agent shall
make reasonable efforts to determine the appropriateness of a recommended
purchase or replacement.
(B) Any
sale of Medicare supplement coverage which will provide an individual more than
one Medicare supplement policy or certificate is prohibited; provided, however,
that additional Medicare supplement coverage may be sold if, when combined with
that individual's health coverage already in force, it would insure no more
than 100 percent of the individual's actual medical expenses covered under the
combined policies.
Notes
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