513A.6 - PRODUCTION AGENCY OR ADMINISTRATOR -- DISCLOSURE.

        513A.6  PRODUCTION AGENCY OR ADMINISTRATOR --      DISCLOSURE.         A production agency or administrator which advertises, sells,      transacts, or administers the coverage in this state as defined in      section 513A.2 and which is required to submit to an examination by      the insurance commissioner under section 513A.4, shall, if the      coverage is not fully insured or otherwise fully covered by an      admitted life or disability insurer, nonprofit hospital service plan,      or nonprofit health care plan, advise every purchaser, prospective      purchaser, and covered person of the lack of insurance or other      coverage.         An administrator which advertises or administers the coverage in      this state as defined in section 513A.2 and which is required to      submit to an examination by the insurance commissioner under section      513A.4, shall advise any production agency of the elements of the      coverage, including the amount of stop-loss insurance in effect.  
         Section History: Recent Form
         91 Acts, ch 213, §16