ARTICLE 6.3. Senior Insurance [785. - 789.10.]
Article 6.3 added by Stats. 1990, Ch. 1454, Sec. 1.
§§ 785–789.10 · 19 sections
- § 785 (a) All insurers, brokers, agents, and others engaged in the transaction of insurance owe a prospective insured who is 65 years of age or older, a duty of…
- § 785.1 (a) (1) An insurance broker or agent shall not participate in, be associated with, or employ any party that participates in, or is associated with, the…
- § 785.4 (a) It shall be unlawful for any insurance agent who is not licensed as an attorney to deliver to a person who is 65 years of age or older, a living trust or…
- § 785.5 An insurance broker or agent shall not participate in, be associated with, or employ any party that participates in, or is associated with, obtaining veterans…
- § 786 All individual and group disability insurance policies and certificates, and all group life insurance policies and certificates offered for sale to individuals…
- § 786.5 (a) All brokers, agents, or other entities offering a contract of disability insurance to persons 65 years of age or older in this state shall provide the…
- § 787 Any advertisement or other device designed to produce leads based on a response from a potential insured that is directed towards persons 65 years of age or…
- § 787.1 (a) The following definitions apply to this section: (1) “Senior designation” means any degree, title, credential, certificate, certification, accreditation,…
- § 788 An insurer, agent, broker, or other person engaged in the transaction of insurance shall not knowingly recommend for sale, or sell, disability insurance…
- § 788.5 No insurer, broker, agent, or other person shall cause an insured aged 65 years or older to replace a disability insurance policy or certificate unnecessarily.…
- § 788.7 No insurer, broker, agent, or other person shall knowingly recommend for purchase or sell disability insurance to a person age 65 or older which results in the…
- § 789 (a) The commissioner shall have the administrative authority to assess penalties against insurers, brokers, agents, and other entities engaged in the…
- § 789.3 (a) Any broker, agent, or other person or other entity engaged in the transactions of insurance, other than an insurer, who violates this article is liable for…
- § 789.5 If any provision of this article or the application thereof to any person or circumstances is held invalid, that invalidity shall not affect other provisions…
- § 789.6 (a) Insurance policies or certificates of disability insurance sold to persons age 65 or older shall return to policyholders or certificate holders benefits…
- § 789.7 (a) Sales of disability insurance regulated by this article, as well as Medicare supplement insurance and long-term care insurance sold to persons aged 65…
- § 789.8 (a) “Elder” for purposes of this section means any person residing in this state who is 65 years of age or older. (b) If a life agent offers to sell to an…
- § 789.9 (a) In addition to any other reasons that a sale of an individual annuity to a senior may violate any provision of law, an annuity shall not be sold to a…
- § 789.10 (a) This section applies to the sale, offering for sale, or generation of leads for the sale of life insurance, including annuities, to senior insureds or…