Del. Code tit. 18 § 1653

Current through 2024 Legislative Session Act Chapter 531
Section 1653 - Disclosure

The producer, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controlled insurer; except that, if the business is placed through a subproducer who is not a controlling producer, the controlling producer shall retain in the producer's records a signed commitment from the subproducer that the subproducer is aware of the relationship between the insurer and the producer and that the subproducer has or will notify the insured.

18 Del. C. § 1653

68 Del. Laws, c. 334, §1; 70 Del. Laws, c. 186, § 1.;