W. Va. Code R. § 114-10-7

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 114-10-7 - Qualifying Conditions; Disclosure Required

7.1. Necessity for disclosing policy provisions relating to renewability, cancelability and termination. -- When an advertisement refers to either a dollar amount or a period of time for which any benefit is payable, or the cost of the policy, or specific policy benefit, or the loss for which such benefit is payable, it shall disclose the provisions relating to renewability, cancelability and termination and any modification of benefits, losses covered or premiums because of age or for other reasons, in a manner which shall not minimize or render obscure the qualifying conditions.