Section 760IAC1-18-10. Offers of inspection of policy or premium refund

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   INSPECTION OF POLICY. An offer in an advertisement of free inspection of policy or offer of a premium refund is not a cure for misleading or deceptive statements contained in such advertisement. Furthermore, if such an offer is made, it must provide for a minimum of ten (10) days after delivery in which one may return the policy to the agent or company and receive a refund of any premiums paid.

  Interpretation of Section B 7 [this section]

  No comment believed necessary. (Department of Insurance; Reg 19,Sec B7; filed May 9, 1972, 4:15 pm: Rules and Regs. 1973, p. 420; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA)

                    
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