044-21 Wyo. Code R. §§ 21-4 - Method of Disclosure of Required Information
(a) All information, exceptions, limitations,
reductions, and other restrictions required to be disclosed by this regulation
shall be set out conspicuously and in close conjunction to the statements to
which the information relates or under appropriate captions of such prominence
that it shall not be minimized, rendered obscure, presented in an ambiguous
fashion, or intermingled with the context of the advertisement so as to be
confusing or misleading. This regulation permits, but is not limited to, use of
either of the following methods of disclosure:
(i) In the description of the related
benefits or in a paragraph set out in close conjunction with the description of
the policy benefits; or
(ii)
Disclosure not in conjunction with the provisions describing policy benefits
but under appropriate captions of such prominence that the information shall
not be minimized, rendered obscure, or otherwise made to appear unimportant.
The phrase "under appropriate captions" means the title must accurately
describe the captioned material. Appropriate captions include the following:
"Exceptions," "Exclusions," "Conditions Not Covered," and "Exceptions and
Reductions." Use of captions such as the following are prohibited because they
do not provide adequate notice of the significance of the material: "Extent of
Coverage," "Only these Exclusions," or "Minimum Limitations."
Notes
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No prior version found.