§5007. Notice of free examination
Medicare supplement policies and certificates must have a notice prominently printed on the first page of the policy or certificate or attached to the policy or certificate, stating in substance that the applicant has the right to return the policy or certificate within 30 days of its delivery and to have the premium refunded if, after examination of the policy or certificate, the applicant is not satisfied for any reason. Any refund made pursuant to this section must be paid directly to the applicant by the issuer in a timely manner. [PL 1991, c. 740, §10 (AMD).]
SECTION HISTORY
PL 1981, c. 605 (NEW). PL 1989, c. 27, §5 (AMD). PL 1991, c. 740, §10 (AMD).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 67: MEDICARE SUPPLEMENT INSURANCE POLICIES
24-A §5001-A. Applicability and scope
24-A §5002. Standards for policy provisions (REPEALED)
24-A §5002-A. Standards for policy provisions and authority to adopt rules
24-A §5002-B. Continuity of coverage
24-A §5003. Minimum standards for benefits (REPEALED)
24-A §5004. Loss ratio standards
24-A §5005. Disclosure standards
24-A §5006. Preexisting conditions (REPEALED)
24-A §5006-A. Filing requirements for advertising
24-A §5007. Notice of free examination
24-A §5008. Minimum standards for benefits and claims payment (REPEALED)
24-A §5009. Filing requirements for advertising (REPEALED)
24-A §5010. Replacement of policies issued prior to January 1, 1992
24-A §5010-A. Coverage of the disabled
24-A §5011. Rating restrictions
24-A §5012. Annual guaranteed issue period
24-A §5013. Notice regarding policies that are not Medicare supplement policies
24-A §5014. Additional penalties