journal article
PUTTING YOUR LIFE ONLINE: WHAT IS KEEPING LIFE INSURANCE COMPANIES FROM TRANSACTING BUSINESS ON THE INTERNET?
Tort & Insurance Law Journal
Vol.
37, No. 3 [Spring 2002]
, pp. 1027-1049 [23 pages]
Published By: American Bar Association
//www.jstor.org/stable/25763581
Publisher Information
With nearly 400,000 members, the ABA provides law school accreditation, continuing legal education, information about the law, programs to assist lawyers
and judges in their work, and initiatives to improve the legal system for the public.
Rights & Usage
This item is part of a JSTOR Collection.
For terms and use, please refer to our Terms and Conditions
Tort & Insurance Law Journal ©
2002 American Bar Association
Request Permissions
Recommended textbook solutions
Mathematics with Business Applications
6th EditionMcGraw-Hill Education
3,760 solutions
Marketing Essentials: The Deca Connection
1st EditionCarl A. Woloszyk, Grady Kimbrell, Lois Schneider
Farese
1,600 solutions
Intermediate Accounting
14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
1,471 solutions
Mathematics with Business Applications
5th EditionMcGraw-Hill Education
3,755 solutions
When advertising an insurer is required to use?
An insurer is required to disclose its name on all advertisements pertain- ing to it or its products. For life products, the insurer must disclose the policy number if a specific prod- uct is advertised. This also applies to health insurance advertisements that are considered to be an “invitation to contract”.
What must be included in all life insurance advertisements?
The name of the insurer shall be clearly identified in all advertisements about the insurer or its products, and if any specific individual policy is advertised it shall be identified either by form number or other appropriate description.
What must be disclosed when a producer advertises a life insurance policy?
An advertisement for a life insurance policy containing graded or modified benefits shall prominently display any limitation of benefits. If the premium is level and coverage decreases or increases with age or duration, that fact shall be commonly disclosed.
When must an insurer provide a policy summary?
The policy summary must be delivered prior to or on the date of policy delivery. Either document must be provided to the client upon request.