Section 284-23-450. Duties of all insurers.

Latest version.

Each insurer shall:

(1) Inform its field representatives or other personnel responsible for compliance with this regulation of the requirements of this regulation.

(2) Require with or as part of each completed application for life insurance or annuity a statement signed by the applicant as to whether such proposed insurance or annuity will replace existing life insurance or annuity.

[Statutory Authority: RCW 48.02.060. WSR 87-14-015 (Order R 87-6), § 284-23-450, filed 6/23/87, effective 9/1/87; WSR 80-05-098 (Order R 80-5), § 284-23-450, filed 5/2/80, effective 10/1/80.]

RCW 48.02.060. WSR 87-14-015 (Order R 87-6), § 284-23-450, filed 6/23/87, effective 9/1/87; WSR 80-05-098 (Order R 80-5), § 284-23-450, filed 5/2/80, effective 10/1/80.

                    
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