Current through December 3, 2024
Section 230-RICR-20-30-7.24 - Appropriateness of Recommended Purchase and Excessive InsuranceA. In recommendation the purchase or replacement of any Medicare supplement policy or certificate an agent shall make reasonable efforts to determine the appropriateness of a recommended purchase or replacement.B. Any sale of a Medicare supplement policy or certificate that will provide an individual more than one Medicare supplement policy or certificate is prohibited.C. An issuer shall not issue a Medicare supplement policy or certificate to an individual enrolled in Medicare Part C unless that effective dates of the coverage is after termination date of the individual's Part C coverage.230 R.I. Code R. 230-RICR-20-30-7.24
Amended effective 11/25/2018