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Details of Tracking Number  2013-00642


CCR details

Tracking Number 2013-00642
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 702 Division of Insurance
CCR Number 3 CCR 702-4 Series 4-2
CCR Title LIFE, ACCIDENT AND HEALTH, Series 4-2

Proposed rule

Rule ProposedRuleAttach2013-00642.DOC
Statutory Authority 10-1-109 and 10-3-1110
Description of Subjects/Issues 4-2-3 ADVERTISEMENTS OF ACCIDENT AND SICKNESS INSURANCE
Purpose/Objective of Rule The purpose of this regulation is to establish minimum criteria to assure proper and accurate description and to protect prospective purchasers with respect to the advertisement of accident and sickness insurance in the same manner as the regulation governing advertisements of Medicare supplement insurance. This regulation assures the clear and truthful disclosure of the benefits, limitations and exclusions of policies sold as accident and sickness insurance by the establishment of standards of conduct in the advertising of accident and sickness insurance in a manner that prevents unfair, deceptive and misleading advertising and is conducive to accurate presentation and description to the insurance-buying public through the advertising media and material used by insurance producers and companies.
Comments Mike Conway
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation?
Hearing Date 08/02/2013
Hearing Time 01:00 PM
Hearing Location 1560 Broadway, Ste 850, Denver CO 80202
Contact name Christine Gonzales-Ferrer
Contact title Rulemaking Coordinator
Contact telephone 303-894-2157
Contact email christine.gonzales-ferrer@state.co.us

Adopted rule

Adopted Rules AdoptedRules02013-00642.DOC
Redline Redline2013-00642.DOC
Adopted Date 08/12/2013
Attorney General Opinion 08/28/2013
Effective Date 10/01/2013
Inserted into CCR 09/25/2013