19 Miss. Code. R. 2-15.08 - Disclosure

A. A disclosure document containing the disclosures required in Miss Code Ann. § 83-7-215 and this regulation shall be provided before or concurrent with taking anapplication for a viatical settlement contract. Said disclosure document shall contain all of the disclosures listed in Appendix A.

B. The disclosure document shall contain the following language: "All medical, financial or personal information solicited or obtained by a viatical settlementcompany or viatical settlement broker about a viator and insured, including the viator and insured's identity or the identity of family members, a spouse or a significant other, is confidential." The information shall not be disclosed in anyform to any person, unless disclosure:

1. Is necessary to effect the viatical settlement between the viator and theviatical settlement provider; and

2. The viator and insured have provided prior written consent to thedisclosure; or

3. Is provided in response to an investigation by the Commissioner or anyother governmental officer or agency.

C. The disclosure shall include advising the viator and insured that the information may be provided to financing entities including individual and institutionalpurchasers.

Notes

19 Miss. Code. R. 2-15.08

Miss. Code Ann. §§ 83-7-215; 83-7-219 (Rev. 2011)