Florida Regulations 69B-156.017: Appropriateness of Recommended Purchase and Excessive Insurance
Current as of: 2024 | Check for updates
|
Other versions
(1) In recommending the purchase or replacement of any Medicare supplement policy or certificate an agent shall make reasonable efforts to determine the appropriateness of a recommended purchase or replacement.
(2) Any sale of Medicare supplement coverage that will provide an individual with more than one Medicare supplement policy or certificate is prohibited.
Rulemaking Authority 627.674 FS. Law Implemented Florida Statutes § 627.6744. History-New 12-9-90, Formerly 4-51.019, Amended 1-1-92, Formerly 4-156.017.
(2) Any sale of Medicare supplement coverage that will provide an individual with more than one Medicare supplement policy or certificate is prohibited.
Rulemaking Authority 627.674 FS. Law Implemented Florida Statutes § 627.6744. History-New 12-9-90, Formerly 4-51.019, Amended 1-1-92, Formerly 4-156.017.