02- 031 C.M.R. ch. 915, § 10 - Recordkeeping
A. Insurers or insurance producers shall
maintain or be able to make available to the Superintendent records of the
information collected from the consumer and other information provided in the
disclosure statement (including illustrations) for a period of at least 3 years
after the contract is delivered by the insurer. An insurer is permitted, but
shall not be required, to maintain documentation on behalf of an insurance
producer.
B. Records required to be
maintained by this rule may be maintained in paper, photographic, microprocess,
magnetic, mechanical or electronic media or by any process that accurately
reproduces the actual document.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.