Mass. DOI Issues Bulletin on Policy Term Disclosure Requirements

October 22, 2014

  • October 22, 2014 at 2:31 pm
    brian says:
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    all insurance companies should follow the same format when offering a quote: the term, the premium, the tort option. make sure it’s not confusing for the producer and the client. complete transparency is a must. Then, make sure the dec pages follow the same format. As a producer, sometimes trying to find what tort option the client has is like finding a needle in a haystack. all companies should have those 3 items in big bold print.



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